08:58 AM EST, 02/27/2025 (MT Newswires) -- Financial stocks advanced pre-bell Thursday as the Financial Select Sector SPDR Fund (XLF) was up 0.1% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was flat.

Royal Bank of Canada ( RY ) shares rose by over 2% after the company reported higher fiscal Q1 adjusted earnings and revenue.