08:57 AM EST, 11/13/2024 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.4%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1% lower.

Paysafe ( PSFE ) shares were over 13% lower after the company reported a decline in Q3 adjusted net income.