Wall Street treads water as Citi results pressure bank shares

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Wall Street's three main indexes flitted between slight gains and losses on...

- Wall Street’s three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup’s quarterly report were countered by a rise in technology shares.

Traders work on the floor at the New York Stock Exchange in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid The third-largest U.S. lender beat profit estimates but reported a decline in interest margins, with its shares marginally lower in volatile trading. The sequential squeeze on Citi’s net interest margins by 5 basis points is a cause for worry for investors in other large banks, said Marty Mosby, director of bank and equity strategies at Vining Sparks in Memphis, Tennessee. It raises concerns over expected declines in short-term interest rates when the Federal Reserve begins to cut rates, he added.

 

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The Banks Are The Our Life, The Our Future,, Because The Everything Is The Money In The Our Life. What Can They Do, The Banks, For The People. The Banks Can to Be The Patriots For The Our Healthcare and for The Our Culture and The Crafts for The Young People. Just The Patriot.

The Banks On The Whole Europe Are The Money's Institutions, Who Care About The Money, But Where Is The Reason To Print The Notes (The Money), Where Is The Reason To Print The Money. The Something, Like The Gold's Fever In The Past Time. But Now, Where Is The Reason to Print...

I can't wait for Don Junior's and Ivanka's tweet taking credit for this.

Beautiful pictures

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