09:13 AM EST, 12/04/2024 (MT Newswires) -- Financial stocks were leaning lower pre-bell Wednesday, with The Financial Select Sector SPDR Fund (XLF) down 0.1%.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.5% higher.

Royal Bank of Canada ( RY ) shares were up over 2% after the company reported higher fiscal Q4 adjusted earnings and revenue in addition to raising its quarterly dividend.

TPG (TPG) is considering a possible sale of Crunch Fitness that could value the gym chain at over $1.5 billion, including debt, Reuters reported, citing people familiar with the matter. TPG shares were down 0.5% premarket.

Prudential Financial ( PRU ) said it appointed Andrew Sullivan to succeed Charles Lowrey as chief executive, effective March 31. Prudential Financial ( PRU ) shares were 0.7% lower pre-bell.