08:54 AM EST, 12/04/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Wednesday as the Financial Select Sector SPDR Fund (XLF) was recently down 0.1%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 0.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% higher.

Royal Bank of Canada ( RY ) shares were almost 2% higher after the company reported higher fiscal Q4 adjusted earnings and revenue. The company also raised its quarterly dividend by 4%.