A man cleans up on the trading floor, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S., March 19, 2020. Lucas Jackson | Reuters The coronavirus pandemic has roiled capital markets, but it has also led to something that was once unthinkable on Wall Street: […]
Tag: Citigroup Inc
Over 1,000 NYC police contract COVID-19
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 885,000 Global deaths: At least 44,000 US cases: At least 190,000 US deaths: At least 4,100 The data above was compiled […]
Supplies sent to NYC, global growth heads to zero
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 800,000 Global deaths: At least 38,714 US cases: At least 164,610 US deaths: At least 3,170 The data above was compiled by […]
The Masters is postponed, Buffett moves shareholder meeting online
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 135,000, according to data compiled by Johns Hopkins University. Global deaths: At least 4,977, according to data compiled by Johns […]
Citi’s Corbat says ‘this is not a financial crisis’ in Trump meeting
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup CEO Michael Corbat said Wednesday that the current turmoil caused by the coronavirus isn’t stemming from the financial system. “This is not a financial crisis,” Corbat said during a White House meeting. “The banks […]
Citigroup traders joins other banks in coronavirus precaution
A man runs past the New York Stock Exchange (NYSE). Bloomberg Hundreds of Wall Street traders are about to change their commute starting Monday. Citigroup is sending traders and salespeople from its headquarters in downtown Manhattan to a backup facility in Rutherford, New Jersey, next week in contingency plans tied to the coronavirus, according to […]
Dow futures up 100, coronavirus cases jump
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 8:33 am: Dow futures up 100 points Futures on the Dow Jones Industrial Average now rose 100 points, indicating a near 150-point higher open. Stock attempt to come back from […]
Dow 2-day drop totals 1,910, Kudlow doesn’t help, Cramer stays away
This is a live blog. Check back for updates A trader works at the New York Stock Exchange in New York, the United States, on Feb. 24, 2020. Photo by Wang Ying | Xinhua | Getty 4:01 pm: Dow drops 3%, bringing 2-day point loss to 1,910 Major averages slid on Tuesday, accelerating Monday’s sharp […]
Dow up big, Tesla tops $900 in parabolic move
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images This is a live blog. Check back for updates. 3:11 pm: Tesla soars 21% at session high Shares of Tesla surged 21% to its session high of […]
Dow positive, coronavirus ‘buy’ signal?, record copper losing streak
The Facebook logo is displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images This is a live blog. Check back for updates. 3:05 pm: Dow turns positive as WHO calms coronavirus fears The Dow erased a 200-point drop and turned positive after the World Health […]