09:14 AM EDT, 08/01/2024 (MT Newswires) -- Financial stocks were advancing premarket Thursday with the Financial Select Sector SPDR Fund ( XLF ) recently up 0.2%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.5% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.3%.

Apollo Global Management ( APO ) shares declined by over 3% after it reported lower Q2 adjusted earnings and revenue.

ING Groep ( ING ) shares were down almost 3% after it reported lower Q2 earnings and revenue.

Barclays ( JJCTF ) shares were 0.3% lower after it reported Q2 earnings of 8.3 pence ($0.11) per share, down from 8.6 pence a year earlier.