08:59 AM EDT, 06/24/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) 0.4% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.8% lower.

Prudential (PUK) was up nearly 7% after it launched a $2 billion share buyback program and is starting the first $700 million tranche.