08:06 AM EDT, 04/03/2024 (MT Newswires) -- Financial stocks were flat premarket Wednesday, with the Financial Select Sector SPDR Fund (XLF) marginally higher.

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

LAMF Global Ventures (LGVC) and Nuvo Group said that LAMF's shareholders approved the business combination between the companies, Holdco Nuvo Group, Nuvo Assetco, and H.F.N Insight Merger. LAMF shares soared 85% pre-bell Wednesday.