08:59 AM EST, 12/18/2024 (MT Newswires) -- Financial stocks were advancing premarket Wednesday with the Financial Select Sector SPDR Fund (XLF) 0.3% 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 0.7% lower.

Norwood Financial ( NWFL ) shares declined by over 8% after the company priced a public offering of 1 million common shares at $26 per share for gross proceeds of $26 million.