08:54 AM EDT, 06/03/2024 (MT Newswires) -- Financial stocks were steady pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) recently unchanged.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.3%.

Fanhua ( FANH ) said it will collaborate with Baidu ( BIDU ) AI Cloud to jointly develop an AI-powered insurance sales assistant application. Fanhua ( FANH ) shares were down 2.8% pre-bell.