09:15 AM EDT, 06/21/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Friday as the Financial Select Sector SPDR Fund ( XLF ) was declining 0.1% recently.

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

Ryan Specialty ( RYAN ) will replace Apartment Income REIT ( AIRC ) in the S&P MidCap 400 before the equity market opens for trading on June 28, according to a statement from S&P Dow Jones Indices. Ryan Specialty Group advanced by over 6% premarket.

State Street (STT), BNP Paribas, and Caceis are positioning themselves as potential bidders for HSBC Germany's fund administration unit INKA and its custody business, Reuters reported, citing three unnamed sources familiar with the matter. State Street was over 3% higher pre-bell.

Yiren Digital ( YRD ) rose past 5% after it reported higher Q1 earnings and revenue.