Markets

Financial Sector Update for 02/13/2018: JPM, BAC, WFC, C, USB, AB, NXRT, TRU, COLD

Top Financial Shares:

JPM: -0.2%

BAC: -0.2%

WFC: -0.4%

C: -0.8%

USB: flat

Financial shares were lower in pre-market trading on Tuesday. On the economic calendar is the NFIB small business optimism index, which was scheduled at 6:00 am ET.

For Fed-watchers, Cleveland Fed President Loretta Mester was expected to speak at 8 am.

Expected movers:

- AllianceBernstein ( AB ): Q4 results top Street views

- NexPoint Residential Trust ( NXRT ): Q4 FFO beats views; revenue lags

- TransUnion ( TRU ): Q4 results top forecasts; issues FY18 guidance above Street

Other news:

- AmeriCold Realty Trust ( COLD ): initiated by RBC at Outperform, price target set at $22/share

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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