Markets
WFC

Sector Update: Financial

Financial shares were generally lower in pre-market trade Friday ahead of consumer sentiment and housing starts data.

In financial stocks news, Wells Fargo ( WFC ) is opening an office in Aberdeen this week in an effort to tap into the oil industry business in Scotland, which is part of its broader plan to expand in the United Kingdom, Reuters reports.

WFC trades in a 52-week range of $38.61 to $50.59, having closed down 0.5% at $49.03 on Thursday.

And, National Bank of Greece ( NBG ) shares were upgraded to Overweight From Neutral at JPMorgan Chase Friday, sending the stock up 1.4% at $2.94 in pre-market trade.

NBG is trading at the low end of a 52-week range of $2.85 to $24.70.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

WFC

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More