Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December ...
Citi economist Veronica Clark wrote in a note to clients on Wednesday that markets have "overestimated the stickiness of inflation." "Details of December data should also be encouraging for ...
The S&P 500 rose 2% in its biggest single-day gain since the US election aftermath. The Nasdaq too gained nearly 2.5% or 450 points. A Bloomberg gauge of the “Magnificent Seven” megacaps rallied 3.7%.
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time ...
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
For once, JPMorgan’s wildly popular $37.1bn Equity Premium Income Fund (JEPI) was eclipsed in the active space, with iShares’ ...
Trading desks benefited from a banner year in U.S. equities, with the S&P 500 touching record-high levels in the fourth quarter. Markets revenue at Citi jumped 36% to $4.6 billion in the quarter ...
Trading desks benefited from a banner year in U.S. equities, with the S&P 500 touching record-high levels in the fourth quarter. Markets revenue at Citi jumped 36% to $4.6 billion in the quarter ...
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the ...
The Dow Jones Industrial Average traded 724 points higher, or 1.7%. The S&P 500 climbed 1.7%, and the Nasdaq Composite rallied 2.2%. Nvidia Corp.’s $3 trillion run-up in market value in the two years ...