09:01 AM EDT, 06/09/2026 (MT Newswires) -- Financial stocks were edging higher premarket Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.2%.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.9% lower.

Swiss lawmakers are considering proposals that would reduce the capital burden facing UBS Group ( UBS ) under planned banking reforms introduced after the collapse of Credit Suisse, Reuters reported, citing sources. Shares of UBS Group ( UBS ) were up more than 2% pre-bell.