08:55 AM EST, 11/25/2024 (MT Newswires) -- Financial stocks were advancing pre-bell Monday with the Financial Select Sector SPDR Fund (XLF) 0.7% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.9% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.8% lower.

Apollo Global Management-backed (APO) Global Schools Holdings is exploring options including a minority stake sale to help raise cash and expand the business, Bloomberg reported, citing people familiar with the matter. Apollo shares were up over 2% premarket.