Top Financial Shares:
JPM: +0.9%
BAC: +0.3%
WFC: +0.4%
C: +0.8%
USB: -0.6%
Financial shares were higher in pre-market trading on Wednesday. On the economic calendar is the consumer price index ( CPI ) release at 8:30 am ET, to be watched closely for signs of inflation that might force the US Federal Reserve's hand to higher rates. Other releases include retail sales at 8:30 am, and then Atlanta Fed business inflation expectations and the business inventories releases at 10 am.
Expected movers:
- Credit Suisse ( CS ): reports narrower-than-expected Q4 loss, revenue exceeds views
Other news:
- Main Street ( MAIN ): exits SoftTouch Medical Holdings investment
News from overseas:
- Credit Agricole (ACA.PA): reports Q4 profits increase
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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.
