Financial stocks edged higher pre-bell Tuesday as the Financial Select Sector SPDR Fund (XLF) was up 0.2% recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.2% lower.
Bank of America (BAC) shares advanced by over 1% after the company reported higher Q1 earnings and revenue.
Citigroup (C) shares rose past 1% after the company reported higher Q1 earnings and revenue.
PNC Financial Services Group (PNC) shares were up 0.7% after the company reported higher Q1 earnings and revenue.