09:00 AM EST, 03/08/2024 (MT Newswires) -- Financial stocks were gaining premarket Friday with the Financial Select Sector SPDR Fund (XLF) advancing by 0.3% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) were up 0.8% and the bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) were 0.5% lower.

HCI Group ( HCI ) rose past 11% after it reported higher Q4 adjusted earnings and revenue.