09:02 AM EDT, 05/06/2025 (MT Newswires) -- Financial stocks edged higher premarket Tuesday with the Financial Select Sector SPDR Fund (XLF) recently advancing by 0.7%.

The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 2.1% higher.

Global Payments ( GPN ) shares were up 0.7% after the company reported an increase in Q1 adjusted earnings.