Financial Stocks: Financials rise as Ameriprise gains 10%
Shares of U.S. financial companies open broadly higher, boosted by Ameriprise Financial Inc. and a premarket government report that said jobless claims declined last week.
Nicholas Financial Inc., a consumer finance company, reported a 58 percent increase in fiscal first-quarter profits Thursday on a healthy jump in sales.
Benchmark financial assets are little changed from yesterday, with global stock and oil prices continuing to hint at possible double tops emerging at June’s highs while the US Dollar clings to support eyeing a recovery.
