Citigroup downgraded its stance on U.S. equities and slashed its S&P 500 index target for this year.
Investment banking fees slowed at Goldman Sachs (GS) in the first quarter even as trading volatility helped lift overall revenue and profits.
FedBank of Minneapolis Pres. Kashkari signaled confidence markets will remain orderly as investors sort through Trump’s shifting trade policies.
Trump’s recent tariff escalation ignited fresh wave of volatility across equity and fixed-income markets, reintroducing policy risk as dominant force.