Citigroup Inc (C)

Citigroup News & Analysis

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  U.S. Futures Ease as Earnings Season Continues

  By Oliver Gray Investing.com - U.S. stock futures were slightly lower in early APAC deals on Monday, following strong gains in the previous week as market participants cheered a stronger...

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  Citigroup credit card net charge-offs rate drops by 41 basis points in September

  Citibank (C) credit card net charge-off rate of 1.21% in September improves from 1.62% in August and 1.52% in July

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  Wall St set for higher open on Goldman earnings, retail sales data

  By Devik Jain and Federica Urso (Reuters) -U.S. stock indexes were set for gains on Friday after Goldman Sachs (NYSE:GS) rounded out a strong earnings season for big banks, while a surprise...

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  China Eases Mortgages for Rest of Year Amid Evergrande Contagion

  (Bloomberg) -- China is loosening restrictions on home loans at some of its largest banks, according to people familiar with the matter, adding to signs of growing concern by authorities...

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  U.S. Futures Steady after Strong Gains

  By Oliver Gray Investing.com - U.S. stock futures were little changed during early APAC deals on Friday, after major benchmark indices closed higher during Thursday’s session, with...

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  Upbeat bank earnings buoy US stocks; USD, Treasury yields dip

  By Koh Gui Qing NEW YORK (Reuters) - U.S. shares rallied on Thursday as strong bank earnings reports fired up investors' risk appetites, while the dollar and benchmark Treasury yields both...

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  Wall St rallies 1% on upbeat earnings, tech strength

  By Devik Jain (Reuters) - Wall Street's main indexes rallied on Thursday as a surge in technology stocks and strong quarterly results helped investors to look away from inflation concerns....

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  Citigroup Earnings, Revenue beat In Q3

  Investing.com - Citigroup (NYSE:C) reported on Thursday third quarter {{erl-241||earnings that beat analysts' forecasts and revenue that topped expectations. Citigroup announced earnings...

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  Bank Earnings, Jobless Claims, PPI and Surging Oil - What's Moving Markets

  By Geoffrey Smith  Investing.com -- Earnings from four of the U.S.'s largest banks will show whether the weak lending trends reported by JPMorgan (NYSE:JPM) are a sector-wide problem....

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  U.S. Stock Futures Little Changed as Earnings Season Begins

  By Oliver Gray Investing.com - U.S. stock futures were little changed in early APAC deals on Thursday, with major benchmark indices closing slightly higher during the regular session as...

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  Higher inflation squeezing U.S. consumers as food prices, rents accelerate

  By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices increased solidly in September as Americans paid more for food, rent and a range of other goods, putting pressure on the Biden...

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  Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow

  By Devik Jain (Reuters) - The Nasdaq rose on Wednesday as investors moved into the perceived safety of technology stocks amid concerns about rising inflation, while a flattening Treasury...

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  Earnings Preview: Bank of America, Citigroup, Morgan Stanley, US Bank, Wells Fargo

  Five of the country's largest banks are reporting September-quarter earnings Thursday morning. Here's what to expect.

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  Oil Holds Above $80 With Global Power Shortage Boosting Demand

  (Bloomberg) -- Oil held above $80 a barrel on expectations that a power crunch from Asia to Europe will lift demand and tighten global balances. West Texas Intermediate futures edged lower...

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  U.S. Stock Futures Trade Lower, Yields Hold at 4-Month Highs

  By Oliver Gray Investing.com - U.S. stock futures were little changed in early APAC deals on Tuesday, after major benchmark indices closed lower during regular trade as higher commodity...

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  DraftKings Jumps as Citi Rates it a Buy

  By Dhirendra Tripathi Investing.com – DraftKings stock (NASDAQ:DKNG) rose 4% Monday after Citi (NYSE:C) initiated coverage of the stock with a buy rating and a $66 target. The target...

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  Wall Street rises as Big Tech, financials gain

  By Shreyashi Sanyal and Devik Jain(Reuters) - U.S. stock indexes rose on Monday as growth and financial stocks gained, shrugging off inflation worries in the run up to third-quarter earnings...

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  Citi Says Oil May Climb to $90 as Stockpiles Shrink This Winter

  (Bloomberg) -- Citigroup Inc (NYSE:C). said oil prices may hit $90 a barrel at times this winter as gas-to-oil switching drives stockpiles lower.  The bank, which raised its Brent oil...

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  U.S. Futures Trade Lower after Posting Weekly Gains

  By Oliver Gray Investing.com - U.S stock futures fell in early APAC deals on Monday as investors digested a weaker than expected labor market report released on Friday, while remaining...

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  Top 5 Things to Watch in Markets in the Week Ahead

  By Noreen Burke Investing.com -- Third quarter earnings season kicks off this week with JPMorgan Chase and other big banks reporting. Figures on U.S. inflation will be closely watched while...

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  Municipal-Bond Fund Investor Pullback Signals Weakening Market

  (Bloomberg) -- Investors in the $4 trillion market for state and local government debt appear to be looking for the exit.  They pulled $344 million from long-term municipal-bond mutual funds...

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  U.S. Futures Edge Higher; Caution Ahead of Payrolls

  By Peter Nurse    Investing.com - U.S. stocks are seen opening marginally higher Friday, with investors displaying caution ahead of the release of the widely-watched monthly employment...

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  European shares rally on cooling energy prices, construction sector gains

  By Sruthi Shankar and Susan Mathew (Reuters) - European stocks marked their best showing since July on Thursday, as easing oil and gas prices offered relief to investors worried about...

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  Earnings Outlook: Bank earnings kick off next week and Wall Street will be watching closely for signs of growth in lending

  Potential earnings success from Bank of America, Citi, Wells Fargo, Morgan Stanley, Goldman Sachs and JPMorgan Chase hinges on lending activity increases in the face of competition from...

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  Indian Central Bank May Signal Stimulus Pullback: Decision Guide

  (Bloomberg) -- India’s central bank is poised to leave its key interest rate unchanged for an eight straight meeting to support economic growth, while likely signaling readiness to unwind...

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  T-Bill Distortions Are Deepening: Debt Ceiling Anxiety Tracker

  (Bloomberg) -- Dislocations in the Treasury-bill curve are getting deeper, with investors becoming more concerned about the U.S. potentially exhausting its borrowing authority as each day...

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  Treasury Seen Out of Cash as Late as Nov. 2: Debt-Limit Update

  (Bloomberg) -- Senate Majority Leader Chuck Schumer plans Wednesday to seek a vote in his chamber whether to take up a measure approved by the House that would suspend the nation’s debt...

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  Wall Street set to open higher on bargain hunting, Merck boost

  By Devik Jain and Ambar Warrick (Reuters) -Wall Street's main indexes were set to rise on Friday as steep losses in September saw investors buying into cheaper sectors, while drugmaker...

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  Wall St set for strong open but track steep monthly losses

  By Devik Jain and Ambar Warrick (Reuters) -Wall Street was set to rise on Thursday at the end of a bruising month on upbeat economic growth data, while investors focused on funding...

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  The Winners and Losers in Asian Markets From Energy Crunch

  (Bloomberg) -- The global spike in energy prices and China’s crackdown on power consumption look set to create more losers than winners in Asian equities as production costs surge and output...

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  Gas-Starved Europe Can't Look West as U.S. Faces Its Own Crunch

  (Bloomberg) -- If there's any country that might've been in a position to rescue Europe from its energy crisis, it’s the U.S. — home to vast shale fields holding a seemingly endless supply...