Sector Update: Financial Stocks Lower Ahead of Slew of Economic Data

By
A A A

Top Financial Shares:

JPM: -0.79%

BAC: -0.62%

WFC: flat

C: -0.31%

USB: flat

Financial shares are mixed in pre-market trade today ahead of a wave of economic data today that was delayed due to the shutdown.

In stocks news, JPMorgan ( JPM ) reached a tentative $13 billion settlement with the Department of Justice late Friday night. JPM is down 0.8% at $53.87.

Goldman Sachs Asset Management, the asset management arm of The Goldman Sachs Group, Inc. ( GS ), says it will acquire the Global Treasury Funds, which are a range of money market funds managed by RBS Asset Management ( RBS ). The terms of the deal were not disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: GS , JPM , RBS

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Why Bankers Are Dishonest
Why Bankers Are Dishonest           

Stocks

Referenced

Most Active by Volume

61,589,609
  • $35.95 ▲ 4.66%
52,206,120
  • $39.92 ▼ 2.49%
48,647,533
  • $17 ▼ 0.35%
41,081,140
  • $9.71 ▲ 2.32%
38,883,256
  • $116.31 ▲ 1.43%
35,895,170
  • $109.82 ▲ 0.92%
28,527,465
  • $8.98 ▲ 2.39%
28,391,104
  • $8.69 ▲ 1.40%
As of 11/20/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com