Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of Citigroup Inc. and Wells Fargo & Co. each jumped more than 7%, according to FactSet data,
Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.
Citi ( C, Financial) Research analysts released a list of their Top 20 large-cap stocks outperforming the S&P 500, with the index ending December 5.2% down from the index. This carefully curated selection showcases Citi's belief in continued growth despite the market volatility we anticipate in 2025.
Citi Research analysts shared their top 20 large-cap stocks that currently outperform the S&P 500 (SP500). As of the end of December, this list outperformed the S&P 500 (SP500) by about 5.2%.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.
The S&P 500 index’s biggest sector, information technology, was rising sharply Friday afternoon, but the gains were not quite large enough to lift it into positive territory so far in 2025. The tech sector was up 1.
Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.
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 ...
The concentration of the Magnificent Seven within the S&P 500 (SP500) continued to expand in 2024, with the group now accounting for a third of the benchmark in