08:54 AM EDT, 08/27/2024 (MT Newswires) -- Financial stocks were leaning lower premarket Tuesday, with The Financial Select Sector SPDR Fund (XLF) down 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.4% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.2%.

Bank of Montreal ( BERZ ) shares were more than 2% lower after the company reported fiscal Q3 adjusted earnings of 2.64 Canadian dollars ($1.96) per diluted share, down from CA$2.94 a year earlier.