09:14 AM EDT, 04/15/2024 (MT Newswires) -- Financial stocks were edging higher pre-bell Monday, with the Financial Select Sector SPDR Fund ( XLF ) recently up 0.9%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 2.5%, and bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 2.5% lower.

Goldman Sachs Group ( GS ) was up more than 3% after it reported higher Q1 earnings and revenue.

M&T Bank ( MTB ) was more than 3% higher after it reported Q1 revenue of $2.26 billion, matching the average forecast from analysts polled by Capital IQ.

Charles Schwab ( SCHW ) was down 1% after it reported lower Q1 adjusted earnings and revenue.