09:19 AM EDT, 05/23/2024 (MT Newswires) -- Financial stocks were edging higher premarket Thursday with the Financial Select Sector SPDR Fund ( XLF ) recently up 0.1%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.2% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was down 0.2%.

Toronto-Dominion Bank ( MLWIQXX ) shares advanced by over 2% after the company reported higher fiscal Q2 adjusted earnings and revenue.

KKR (KKR) and Capital Group have formed a strategic partnership to introduce hybrid public-private investment services across various asset classes to broaden access to alternative investments in investor portfolios, Capital Group said. KKR shares were over 1% higher premarket.

Goldman Sachs Group ( GS ) became the first Wall Street bank to receive a license from Saudi Arabia to set up its regional headquarters in Riyadh, Bloomberg reported, citing people familiar with the matter. Goldman Sachs ( GS ) shares were up 0.4% pre-bell.