09:05 AM EDT, 08/06/2025 (MT Newswires) -- Financial stocks were advancing premarket Wednesday with the Financial Select Sector SPDR Fund (XLF) up 0.3% recently.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.8% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.6%.

Carlyle Group ( CG ) stock was up nearly 5% after the private equity company posted higher Q2 after-tax distributable earnings and total revenue.