Financials Down After Inflation Data -- Financials Roundup

Features Dow Jones Newswires

Banks, lenders and other financial companies fell as lackluster consumer inflation data did little to improve the odds of an interest-rate increase in December. The consumer-price index rose 0.1% in July--an improvement over a similar decline for the wholesale measure--but the rate of inflation remains well below the Federal Reserve's target on an annual basis.

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--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

August 11, 2017 16:33 ET (20:33 GMT)