Sector Update: Financials

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Financial shares are higher in today's pre-market session ahead of a few speeches from Federal Reserve Officials and homebuilder data.

In stocks news, Lloyds ( LYG ) says it will sell fund management firm Scottish Windows to Aberdeen for $1 billion, Reuters reports. LYG is up 0.2% at $4.96 in pre-market trade.

And Nasdaq ( NDAQ ) and NYSE ( NYX ) are close to reaching an agreement on backing up data streams to avoid trading failures, the Wall Street Journal reports, citing people familiar with the matter.

Negotiations between the two committees, which together include members from both exchanges, are under way and the agreement could come by the end of this month.



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.

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This article appears in: Investing , Commodities

Referenced Stocks: LYG , NDAQ , NYX

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