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 theeconomic calendarare 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.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


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

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.