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Financial Sector Update for 01/11/2018: JPM, BAC, WFC, C, USB, HSBC, XL, GBDC, SW.PA

Top Financial Shares:

JPM: +0.6%

BAC: +0.4%

WFC: +0.6%

C: +0.5%

USB: flat

Financial shares were positive in pre-market trading on Thursday. On the economic calendar are the weekly jobless claims at 8:30 am ET, along the producer price index.

For Fed-watchers, New York President William Dudley speaks at 3:30 pm.

Expected movers:

- HSBC ( HSBC ): Bloomberg reports bank to hire new staff from Goldman Sachs ( GS ), JP Morgan ( JPM ) for Asia equities drive

Other news:

- XL Group ( XL ): estimates natural catastrophe net losses of $45 million from wildfires in Southern California, $20 million from other events

- Golub Capital BDC, Inc. ( GBDC ): announces $142.2 million in new middle-market originations for fiscal Q1

News from overseas:

- Sodexo S.A. (SW.PA): sheds 4% in Paris trading after reporting Q1 revenue fell almost 3% year-over-year

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

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

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