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Stocks Citigroup Inc

  • U.S. stock index futures pointed to a lower open for Wall Street Tuesday -- the first day of the two-day Federal Reserve interest-rate meeting -- after package-delivery company UPS said after the bell Monday its profit would miss market expectations.

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    The Dow ended little changed on Monday as renewed concerns about the outlook for financial shares offset gains in energy stocks. What's the "Word on the Street?"

  • It was a low volatility, low volume day, but regardless: there was a lot of damage done.

  • Stocks wavered as oil's relentless ascent boosted energy stocks but a sharp drop in financials and autos curbed gains.

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    More Wall Street firms, facing the specter of tougher regulation and slumping capital markets, will follow the path of Bear Stearns and be forced into the arms of deposit-rich commercial banks, veteran banking analyst Charles Peabody told Reuters.

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    Unemployment, which has been relatively benign during the economic downturn, is expected to become a bigger problem.

  • Stocks wavered as oil's relentless ascent boosted energy stocks but a sharp drop in financials and autos curbed gains.

  • The market's dollar-fueled  rally fizzled as oil resumed its ascent and weakness in financials seeped into the broader market.

  • Citigroup Center

    Citigroup is about half-way through cutting 10 percent of the 65,000 employees in its investment banking unit, a person familiar with the job cuts said Monday.

  • The market's dollar-fueled  rally fizzled as oil resumed its ascent and weakness in financials seeped into the broader market.

  • Oil was trading up early in the morning, despite the Saudis agreeing to raise oil production 200,000 barrels a day -- however, after the dollar had been strengthening, oil began moving down. Gold also weakened, down 2.7 percent.

  • The Citibank logo is shown on a branch office Wednesday, April 11, 2007 in New York. Citigroup Inc., which includes Citibank, announced Wednesday that it will eliminate about 17,000 jobs as part of a companywide restructuring to reduce costs and improve profits. (AP Photo/Mark Lennihan)

    Citigroup is set to slash about 6,500 jobs in its investment banking division, the Wall Street Journal said on its website on Sunday.

  • One of this sector's last lines of defense in the market is falling through.

  • Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.

  • Stocks fell sharply Friday, with volatility expected to remain high due to the expiration of options, oil prices continuing their climb and bank worries slamming the financial sector.

  • A blast of negativity surrounds the financials this morning and is dragging stocks lower on what promises to be a volatile day.

  • These names are going down, so steer clear.

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    The Dow made a modest advance Thursday as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy. What's the "Word on the Street?"

  • Stocks bobbed up and down Thursday, struggling to hold onto gains, as investors weighed oil's retreat against a dismal manufacturing reading and a fresh wave of concern about banks.  Oil slipped nearly $5, settling at $131.93 a barrel.

  • Bill Gross, chief investment officer at top bond fund Pimco, told CNBC Thursday that U.S. regional banks are at a disadvantage to their larger rivals because investors and regulators don't see them as too big to fail.