09:17 AM EDT, 03/26/2024 (MT Newswires) -- Financial stocks were advancing premarket Tuesday with the Financial Select Sector SPDR Fund ( XLF ) 0.3% higher recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.8% lower.

KKR (KKR) and property management firm Weave Living said they have entered a strategic partnership to invest in South Korean rental housing assets, with a focus on Seoul. KKR was more than 1% pre-bell.

Trinity Capital ( TRIN ) said it has priced an underwritten public offering of $100 million of its 7.875% notes due 2029. Trinity Capital ( TRIN ) was 0.4% higher in recent premarket activity.

Barclays' ( JJCTF ) head of Europe, the Middle East and Africa rates trading, Carl Scott, is leaving the bank, Bloomberg reported, citing people familiar with the matter. Barclays ( JJCTF ) was up 0.3% pre-bell.