Markets

Financial Sector Update for 03/06/2018: CCT, WLH

Top Financial Shares:

JPM: +0.6%

BAC: +0.5%

WFC: +0.3%

C: +0.5%

USB: flat

Financial shares were higher in pre-market trading on Tuesday.

The Senate is set to vote Tuesday on a rollback of key regulations of Dodd-Frank, the safeguards Congress put into place to prevent another financial crisis.

On the economic calendar are factory orders, out at 10am ET. For Fed-watchers, Federal Reserve Governor Lael Brainard is set to speak about the economic and monetary policy outlook at 7pm ET, followed by Dallas Fed Bank President Robert Kaplan at 8:30pm.

Expected movers:

- Corporate Capital Trust ( CCT ): Q4 EPS declines vs. prior year

Other news:

- William Lyon Homes ( WLH ): to sell $350 million of senior notes due 2023

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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