Markets

Financial Sector Update for 12/23/2015: FCPT,SLF,RJF

Top Financial Stocks

JPM +1.58%

BAC +1.35%

WFC +1.16%

C +0.94%

USB +1.63%

Financial stocks were finishing mostly higher this afternoon, with the NYSE Financial Sector Index advancing around 1.2% and the S&P Financial 100 Index climbing about 1.1%.

In company news, shares of Four Corners Property Trust ( FCPT ) advanced Wednesday after JMP Securities today began analyst coverage of the property manager with a Market Outperform rating.

FCPT shares were up more than 1% at $23.41 each, holding within 2 cents of their session high.

In other sector news,

(+) SLF, Upgrade to Buy from Hold at Argus, which also set a $37 price target for the company's stock.

(-) RJF, Total securities commissions and fees drop 7% during November from prior month and little changed from year-ago levels at $269 mln.

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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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