US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped ...
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report ...
US benchmark equity indexes closed higher Wednesday, while Treasury yields plunged as traders parsed the latest consumer inflation report and earnings from major banks. The Nasdaq Composite jumped 2.5 ...
The Q4 earnings season kicked into higher gear Wednesday as JPMorgan Chase, Goldman Sachs and BlackRock delivered major earnings beats. Wells Fargo reported mixed results. Citigroup topped views and ...
Jane Fraser, CEO of Citigroup, told analysts she's not going to sacrifice growth-related investments for short-term gains. "You shouldn't want me to do that," she said.
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
U.S. stocks ripped higher after an encouraging update on U.S. inflation. The S&P 500 jumped 1.8% for its best day in two months Wednesday. The Dow Jones Industrial Average climbed 1.7%, and the Nasdaq ...
A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Stocks surged and Treasury yields fell after inflation data came in lower than expected, boosting optimism for rate cuts.