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Financial Sector Update for 08/14/2018: CS, CG, TCBK

Top Financial Shares:

JPM: +0.5%

BAC: +0.5%

WFC: +0.1%

C: +0.2%

USB: flat

Financial shares were higher in pre-market trading on Tuesday

On the economic calendar, forecasters see July import prices edging 0.1% higher after June's unexpected 0.4% decline. Export prices for July are seen up 0.2% vs June's 0.3% gain, according to Econoday.

Expected movers:

- Credit Suisse ( CS ): reportedly splitting international wealth management division into more regions

- Carlyle Group ( CG ): said to prepare listing of specialty chemicals group Atotech

- TriCo Bancshares ( TCBK ): appoints new CFO

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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