09:02 AM EDT, 07/29/2025 (MT Newswires) -- Financial stocks were advancing premarket Tuesday as the Financial Select Sector SPDR Fund (XLF) was up 0.2% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.5%.

SoFi Technologies ( SOFI ) shares were up more than 7% after the company posted higher Q2 adjusted earnings and revenue.