Markets

Financial Sector Update for 05/11/2018: BCS, WDR, VIRT

Top Financial Shares:

JPM: flat

BAC: -0.2%

WFC: flat

C: flat

USB: flat

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

On the economic calendar is the University of Michigan's consumer confidence bulletin at 10 am.

Expected movers:

- Barclays ( BCS ): CEO fined by UK regulators for 'breaching standard of care' over whistleblower

- Waddell & Reed Financial ( WDR ): reports sequential decline in April AUM

- Virtu Financial ( VIRT ): prices secondary offering at $28/share

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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