08:38 AM EDT, 06/28/2024 (MT Newswires) -- Financial stocks were advancing premarket Friday, with the Financial Select Sector SPDR Fund ( XLF ) gaining 0.4%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 1.2% higher, while its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) retreated 1% recently.

Deutsche Bank ( DB ) has appointed Jae Young Huh as head of investment banking coverage and advisory in Korea, Bloomberg News reported, citing a memo. Deutsche Bank ( DB ) shares were unchanged after advancing earlier pre-bell Friday.

S&P Global ( SPGI ) shares were up 0.3% after the company said it appointed Martina L. Cheung as chief executive and president, starting Nov. 1.

Angel Oak Mortgage (AOMR) unveiled a proposed resale or other disposition late Thursday of up to 14.6 million shares of its common stock by selling stockholders. The company's shares were up 0.1% premarket Friday.