Financial stocks were advancing pre-bell Friday, with The Financial Select Sector SPDR Fund (XLF) 0.2% higher.

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

BlackRock (BLK) has resumed meetings with leaders of its portfolio companies after reviewing new reporting rules from the US Securities and Exchange Commission, Reuters reported, citing a statement from a company representative. BlackRock shares were up 0.3% premarket.