09:21 AM EDT, 10/16/2025 (MT Newswires) -- Financial stocks were edging higher pre-bell Thursday, with the Financial Select Sector SPDR Fund (XLF) edging 0.02% higher.

The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.06% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.1% higher.

Charles Schwab ( SCHW ) shares were up nearly 3% after the company reported higher Q3 adjusted earnings and net revenue.

Marsh & McLennan ( MMC ) stock was down nearly 4% after the company posted higher Q3 adjusted earnings and revenue.

Travelers (TRV) shares were down more than 4% after the company reported higher Q3 core income and revenue.