08:58 AM EDT, 08/09/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Friday as the Financial Select Sector SPDR Fund (XLF) was down 0.1% recently.

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

Paymentus Holdings ( PAY ) shares rose past 7% after the company reported higher Q2 non-GAAP earnings and revenue. The company also raised its full-year revenue outlook.