Markets

Sector Update: Financial Shares Higher After S&P Hits Milestone 2,000

Top Financial Shares:

JPM: +0.02%

BAC: +0.24%

WFC: flat

C: +0.31%

USB: -0.19%

Financial shares were generally higher in pre-market trade Wednesday after the S&P closed over the 2,000 threshold on Tuesday.

In financial stocks news, BB&T ( BBT ) named Ricky K. Brown as president of its Branch Banking & Trust Co. Brown will succeed Rob Greene, who recently retired.

And, Triangle Capital Corporation ( TCAP ), a capital provider for lower middle market companies, has declared a quarterly cash dividend of $0.54 per share. In addition to this regular quarterly dividend, Triangle will pay an extra dividend of $0.05 per share, bringing the total amount of dividends paid for Q3 to $0.59 per share, or $2.36 on an annualized basis.

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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