08:56 AM EST, 11/05/2024 (MT Newswires) -- Financial stocks were edging higher premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.1%.

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

Apollo Global Management ( APO ) shares were up nearly 4% after the company reported higher Q3 adjusted net income and revenue.