Citigroup Downgrades US Stocks Amid Recession Risks, Upgrades Europe
Citigroup on Monday downgraded U.S. stocks in anticipation of a pullback in growth stocks and a recession in the fourth quarter of the year.
Pricey Stocks Mean Typical Earnings Season Boost Is Unlikely
‘Better than feared’ — a theme that fueled stock gains for the past two earnings seasons — is not going to be enough this time around.
Icahn Gets Loan Reprieve After Short-Seller Report, WSJ Says
Icahn getting breathing room from banks after Hindenburg Research disclosed its short-selling report against billionaire’s investment firm.
There’s More Pain Ahead for S&P 500 as Profit Warnings Loom, Investors Say
More pain on the way for the S&P 500 as profit warnings and fears of higher interest rates combine to threaten the key US stock indicator.
SVB Sues FDIC to Get Back $1.9 Billion Seized During Bank Failure
Parent company of the failed SVB is suing the FDIC to recover $1.9 billion regulators seized from the lender in March.