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C Citigroup Inc

61.55
0.01 (0.02%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Citigroup Inc NYSE:C NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.02% 61.55 62.15 61.41 61.53 11,048,880 01:00:00

European Markets Steadying After Last Week's Heavy Losses

15/04/2014 9:33am

Dow Jones News


Citigroup (NYSE:C)
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From May 2019 to May 2024

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By Tommy Stubbington 

European stocks inched lower in quiet trade Tuesday, with markets steadying after last week's heavy losses.

The Stoxx Europe 600 index was down 0.2% in early trade. The benchmark had reversed early declines on Monday to climb 0.3%, after concerns over fresh confrontations in eastern Ukraine gave way to great optimism for the economy in the U.S.

The S&P 500 climbed 0.8%, after better-than-expected retail sales data and Citigroup's earnings topped forecasts.

In Europe, investors are focusing on corporate results as the first-quarter earnings season gets under way, although a holiday-shortened week may lead to relatively subdued trade.

"Investors may remain reluctant to open new risk positions ahead of the long Easter weekend," said Ian Williams, economist and strategist at brokerage Peel Hunt.

In foreign-exchange markets the euro was steady against the dollar at $1.3813. The common currency fell only modestly on Monday after the European Central Bank suggested over the weekend that it could intervene to weaken it, as investors remained skeptical the ECB will act.

In commodities markets, gold was down 1.1% at $1,312.20 an ounce, and Brent crude oil was 0.3% lower at $108.70 a barrel.

Write to Tommy Stubbington at tommy.stubbington@wsj.com

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