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Stock impact report

These 3 Banks Are Rallying Into Year-End, But Will It Continue? [Yahoo! Finance]

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Yahoo! Finance
Citigroup Inc. has surged nearly 60% YTD, driven by earnings beats, restructuring momentum, and a fresh J.P. Morgan upgrade. While Goldman Sachs Group Inc. shows strong operational results, valuation concerns are growing; Wells Fargo & Co. may offer the most upside as a potential late-cycle performer. Interested in The Goldman Sachs Group, Inc.? Here are five stocks we like better. While artificial intelligence (AI) has dominated headlines for much of the year, and sent many tech stocks soaring, some of the strongest performance across equities has come from far less glamorous corners. Bank stocks are in the middle of a standout run, with the Financial Select Sector SPDR ETF (NYSEARCA: XLF) having just hit an all-time high. That strength has come despite the Federal Reserve entering a softer phase, with rates no longer rising and expectations building that the tightening cycle is largely done, for now at least. That combination forces an uncomfortable but necessary question. Show less Read more
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