09:29 AM EDT, 10/11/2024 (MT Newswires) -- Financial Stocks were advancing premarket Friday with the Financial Select Sector SPDR Fund ( XLF ) 0.4% higher recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1.2% lower.

JPMorgan Chase ( JPM ) reported higher Q3 earnings and revenue. JPMorgan Chase ( JPM ) shares were up 0.6% premarket.

BlackRock (BLK) shares were up 2% after the company reported higher Q3 adjusted earnings and revenue.

Bank of New York Mellon ( BK ) shares were 0.7% higher after the company reported higher Q3 adjusted earnings and revenue.