08:53 AM EDT, 07/22/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.4%.

Truist Financial ( TFC ) was down 0.1% after it reported declines in Q2 adjusted earnings and revenue.