Financial stocks were advancing premarket Tuesday as the Financial Select Sector SPDR Fund (XLF) was up 0.2% recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was 0.6% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.5%.
SoFi Technologies (SOFI) shares were up more than 10% after the company posted higher Q2 adjusted earnings and revenue.
Nomura Holdings (NMR) stock was more than 4% higher after the company reported an increase in fiscal Q1 net income.
Barclays (BCS) shares were up more than 2% after the company reported higher Q2 earnings and total income.
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