08:54 AM EDT, 09/17/2024 (MT Newswires) -- Financial stocks were edging higher premarket Tuesday, with The Financial Select Sector SPDR Fund (XLF) up 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.5% lower.

Upstart Holdings ( UPST ) shares were up more than 1% after the company priced a private placement to eligible purchasers of $375 million of 2% convertible senior notes due 2029.