09:00 AM EDT, 07/23/2025 (MT Newswires) -- Financial stocks were edging higher premarket Wednesday, with The Financial Select Sector SPDR Fund (XLF) up 0.5%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.1%.

United Community Banks ( UCB ) shares were up more than 2% after the company reported higher Q2 earnings and revenue.