Financial shares are up in pre-market trade as Syria may agree to forfeit chemical weapons, which would minimize the chance of a U.S. attack. Shares are also getting a boost this morning from positive Chinese data on the retail and industrial sectors. Production increased 10.4% and sales grew 13.4%, year-over-year.
In financial stocks news, Lloyds Banking ( LYG ) may move on reports the UK government may start selling its 39% shareholding in the company this month, perhaps as early as this week, Reuters reports, citing sources familiar with the matter. LYG is flat in pre-market trade at $4.85.
Realty Income ( O ) was initiated with a Buy rating at Janney Capital, which set a $44 price target. O is flat in pre-market trade at $39.96.
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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.
