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Financial Sector Update for 12/24/2018: ARES, BP, CSTR, JPM, BAC, WFC, C, USB

Top Financial Stocks:

JPM: -2.09%

BAC: -1.93%

WFC: -2.55%

C: -1.87%

USB: Flat

Most financial stocks were retreating pre-bell Monday.

In other sector news:

(=) Ares Management ( ARES ) was unchanged after announcing that it acquired three operating utility-scale wind facilities in Texas from BP's ( BP ) Wind Energy North America subsidiary for an undisclosed amount.

(=) Capstar Financial ( CSTR ) was flat as it filed a form S-3 with the Securities and Exchange Commission for the secondary offering of 3.7 million common shares by certain shareholders.

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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