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YIN

Financial Sector Update for 03/13/2018: YIN, IVZ

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

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.

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