Advertisement
Singapore markets close in 6 hours 2 minutes

  • Straits Times Index

    3,161.34
    -26.32 (-0.83%)
     

  • Nikkei

    36,818.81
    -1,260.89 (-3.31%)
     

  • Hang Seng

    16,129.86
    -256.01 (-1.56%)
     

  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     

  • Bitcoin USD

    60,974.83
    -696.09 (-1.13%)
     

  • CMC Crypto 200

    1,239.71
    +354.18 (+37.00%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Gold

    2,420.20
    +22.20 (+0.93%)
     

  • Crude Oil

    86.10
    +3.37 (+4.07%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • FTSE Bursa Malaysia

    1,547.44
    +2.68 (+0.17%)
     

  • Jakarta Composite Index

    7,060.41
    -106.40 (-1.49%)
     

  • PSE Index

    6,451.76
    -71.43 (-1.09%)
     

Why Bank of America and Citigroup Are Trading Higher Today

Bram Berkowitz, The Motley Fool
·2-min read
Why Bank of America and Citigroup Are Trading Higher Today

Shares of Bank of America (NYSE: BAC) and Citigroup (NYSE: C) were trading nearly 4% higher in the final hour of trading Thursday as the broader market rallied from what has been a difficult few weeks. Like a lot of the market, bank stocks got hit hard on the news about China Evergrande Group (OTC: EGRN.F), and on fears over what the property developer's situation could mean for the Chinese real estate market, which has gotten quite frothy. For that reason, bank stocks have struggled in recent days.

Continue reading