08:53 AM EST, 01/14/2025 (MT Newswires) -- Financial stocks were advancing premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) 0.5% higher recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 1.5% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.5% lower.

B. Riley Financial ( RILY ) shares rose by over 18% after the company said it has filed its quarterly report on form 10-Q for the three months ended June 30, 2024.