Top Financial Shares:
JPM: flat
BAC: +0.3%
WFC: flat
C: -0.1%
USB: -0.5%
Financial shares were flat to higher in pre-market trading on Tuesday.
On the economic calendar is the much-watched consumer price inflation release at 8:30 am ET, although the US Federal Reserve actually targets another index, the PCE. The market expects a 2.2% YOY increase on the CPI. The National Federation of Independent Businesses pre-bell reported its February small business optimism index at 107.6 vs. consensus of 107.0.
Expected movers:
- Yintech Investment ( YIN ): Q4 results slump vs. year-ago; guides for weaker Q1 revenue
Other news:
- Invesco ( IVZ ): reports year-over-year decrease in February AUM
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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.
