09:04 AM EST, 01/30/2025 (MT Newswires) -- Financial stocks edged higher premarket Thursday as the Financial Select Sector SPDR Fund (XLF) recently advanced by 0.8%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 2.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% lower.

Lazard ( LAZ ) shares were up almost 10% after the company reported higher Q4 adjusted earnings and net revenue.