08:52 AM EDT, 04/01/2024 (MT Newswires) -- Financial stocks were gaining pre-bell Monday, with the Financial Select Sector SPDR Fund ( XLF ) 0.24% higher recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 0.8%, and bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.2% lower.

Apollo Global Management ( APO ) was up 0.1% after the company said certain funds under its affiliates will acquire a majority stake in Panasonic Automotive Systems.