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Financial Sector Update for 08/07/2018: Z, V, ICE

Top Financial Shares:

JPM: +0.4%

BAC: +0.4%

WFC: flat

C: +0.5%

USB: flat

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

On the economic calendar is the Labor Department's JOLTS report at 10am ET. At a consensus 6.650 million, forecasters see job openings in June edging higher from May's total of 6.638 million, according to Econoday. At 3pm ET, analysts expect to see a smaller increase of $16.0 billion for consumer credit in June, after jumping $24.6 billion in May.

Expected movers:

- Zillow ( Z ): to acquire Mortgage Lenders of America for undisclosed sum

- Visa ( V ): invests in Israeli start-up Behalf

- Intercontinental Exchange ( ICE ): prices sale of $2.25 billion senior notes

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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