So far this earnings season, the average S&P 500 stock has swung by around 5.5% after reporting results—well above the roughly 3.9% move up or down anticipated by derivatives traders, according to Citi analysts.
The S&P 500 is on track for its first record close since Dec. 6. Traders should beware of chasing the move, said Jonathan Krinsky, chief market technician at BTIG, in a Wednesday morning client note.
Trump’s executive orders included overhauls to U.S. trade policy and declaring a national emergency at the southern border.
Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.
Market surges on AI Stargate initiative & strong earnings. S&P 500 hits record high of 6,100 points, led by tech giants & semiconductor stocks.
The S&P 500 index has pulled back in the past few weeks as investors focus on the bond market and its rising risks. The SPX fell to $5,827, its lowest level since November 2, and 4.50% from its highest level in 2024.
S&P 500 futures are up 0.5%. Dow Jones Industrial Average futures are adding 0.4%. Nasdaq 100 futures are gaining 0.5%. On Friday, the Dow Jones Industrial Average rose 335 points, or 0.78%, to 43,488,
Tariffs are the biggest risk, sparking fears that the administration’s plans could lead to more prolonged and unpredictable trade wars than during his first presidency
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio. Citigroup has far and away been the worst-performing large U.S. bank stock since the Great Recession and many investors have ditched the stock out of frustration.
We recently compiled a list of the 15 Best Cheap Stocks to Buy for 2025. In this article, we are going to take a look at where Citigroup Inc. (NYSE:C) stands against other best cheap stocks to buy for 2025.
The Financial sector was in focus as it saw 16 companies belonging to the S&P 500 Financial Sector (NYSEARCA:XLF) report quarterly results this week. XLF gained over 6% over the week, outpacing S&P 500 rise of 2.