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Financial Sector Update for 07/26/2017: JPM, BAC, WFC, C, USB, BOKF, STT, NDAQ

Top Financial Shares:

JPM: +1.9%

BAC: +3%

WFC: +1.5%

C: +3.3%

USB: flat

Financial shares were higher in Wednesday's pre-market trade, in line with the broader market as investors digest another batch of earnings and look ahead to the Fed's latest policy decision.

In sector news, BOK Financial ( BOKF ) was up 1.8% after it reported Q2 EPS of $1.35 per share, up from $1.00 per share a year ago, which beat the $1.30 per share consensus of analysts polled by Capital IQ. Revenue, as a combination of net interest income and total fees and commissions, amounted to $382.7 million, up from $362.8 million in the same period a year ago. Analysts had expected $378.2 million.

In other sector news,

(+) STT (+1.6% ) Reports better-than-expected Q2 results

NDAQ (flat) Q2 EPS and revenues top estimates

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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