Sector Update: Financial Stocks Lean Lower Pre-Bell Wednesday

09:24 AM EDT, 09/09/2026 (MT Newswires) -- Financial stocks were leaning lower pre-bell Wednesday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% higher. HSBC (HSBC) is shutting down its transaction services operations in Germany, leading to more than 300 job cuts, Reuters reported, citing a company spokesperson. Shares of HSBC Holdings were down more than 1% premarket. StoneX (SNEX) is relaunching City Index as StoneX Trading, bringing the self-directed trading business under the StoneX brand, the company said. StoneX stock was nearly 1% lower pre-bell. Blackstone (BX) is seeking to sell medical-grade skincare company ZO Skin Health with a valuation of around $2 billion, Reuters reported, citing people familiar with the matter. Blackstone shares were 0.2% lower premarket.