09:19 AM EDT, 10/25/2024 (MT Newswires) -- Financial stocks rose in Friday's premarket activity as the Financial Select Sector SPDR Fund ( XLF ) advanced by 0.4% recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was up 1.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 1% lower.

Aon (AON) shares were up over 4% after the company reported higher Q3 adjusted earnings and revenue that also beat estimates.

Virtus Investment Partners ( VRTS ) shares advanced by over 5% after the company reported higher Q3 and better-than-expected adjusted earnings and revenue.

New York Community Bank (NYCB) shares declined by over 9% after the company reported that it swung to a Q3 adjusted loss as revenue fell during the period.