Markets

Sector Update: Financial Shares Mixed Ahead of Home Sales Data

Top Financial Shares:

JPM: +0.29%

BAC: +0.29%

WFC: flat

C: +0.07%

USB: flat

Financial shares were mixed in pre-market trade Monday as investors awaited existing home sales data.

In financial stocks news, Fortress Investment Group ( FIG ) may invest more in hotels in Japan amid a tourism boom, including a government drive to boost the industry ahead of the 2020 Olympics, Reuters reports.

FIG trades in a 52-week range of $6.58 to $9.16 with shares having closed down 5% at $6.72 on Friday.

And, Realogy ( RLGY ) shares were downgraded to underperform from hold at Credit Suisse, sending shares down about 2% in pre-market trade.

RLGY trades in a 52-week range of $34.77 to $51.35.

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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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