08:53 AM EST, 11/08/2024 (MT Newswires) -- Financial stocks rose in Friday's premarket activity, with the Financial Select Sector SPDR Fund (XLF) 0.5% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1% lower.

Orix ( IX ) shares were up over 3% after the company reported higher fiscal Q2 earnings and revenue.