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Stocks struggled for a third straight day in the new year. But investors shouldn’t take those declines as signs for how the rest of the year will turn out.
Wells Fargo analyst Mike Mayo increased his price target on Citigroup, citing 2024 rate-cut optimism and progress in CEO Jane Fraser's restructuring efforts.
The S&P 500’s tantalizingly close to an all-time high. The index added 0.04% yesterday to close at 4,783.35, just about 10 points away from its record close.
Real estate investment trust Crown Castle Inc. is launching a “comprehensive” review of its fiber business in a pact with activist investor Elliott Investment Management after the firm disclosed a $2 billion stake last month.