09:24 AM EDT, 04/06/2026 (MT Newswires) -- Financial stocks were edging higher premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) marginally advancing.

The Direxion Daily Financial Bull 3X Shares (FAS) was 0.1% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 0.3%.

Miami International ( MIAX ) said its MIAX Exchange Group saw average daily options trading rise 29.4% year-over-year to 10.7 million contracts in March. Miami International ( MIAX ) shares were down more than 2% pre-bell.

Sumitomo Mitsui Financial Group ( SMFG ) and Nippon Life Insurance are in discussions to establish a private credit fund with an initial capital of at least 500 billion Japanese yen ($3.14 billion), Bloomberg News reported, citing people familiar with the matter. Sumitomo Mitsui Financial Group ( SMFG ) stock was 0.3% higher premarket.

Hercules Capital ( HTGC ) shares were up 0.1% after the company said it recorded a new all-time high of $1.81 billion in debt and equity commitments in the first quarter of 2026.