08:53 AM EDT, 07/08/2024 (MT Newswires) -- Financial stocks were advancing premarket Monday with the Financial Select Sector SPDR Fund (XLF) 0.1% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.6% lower.

Carlyle Group ( CG ) is in advanced talks to acquire Vantive from Baxter International (BAX) for over $4 billion, including debt, The Wall Street Journal reported Friday, citing people familiar with the situation. Carlyle Group ( CG ) was up nearly 3% premarket Monday.