See also
13.05.2025 12:38 PM
Citigroup shares are posting steady gains after breaking above key technical levels, signaling potential for continued upside. Market participants view the bank's stock as promising amid signs of stabilization in the financial sector.
However, to mitigate risk, analysts recommend hedging long positions in Citigroup with short positions in eBay. The latter remains in a downward trend, reflecting weakness in the online retail sector.
US stock indices ended the session with strong gains after reports surfaced of a potential tariff reduction between the United States and China. The S&P 500, Dow Jones, and Nasdaq all recorded notable positive moves, underscoring improved investor sentiment.
Optimism is being fueled by expectations of imminent agreements that could reduce uncertainty and spark a rebound in global trade. Increased buying activity signals renewed market confidence.
Markets responded positively to both a rollback in trade barriers and upbeat forecasts from Goldman Sachs analysts, who ruled out a US recession in the near term. These factors helped reduce volatility and push equities higher.
Still, experts caution against complacency: with inflation lingering and limited economic growth, the risk of stagflation remains. Investor focus has now shifted to the trajectory of key macroeconomic indicators. Follow the link for details.
As a reminder, InstaTrade offers the best conditions for trading stocks, indices, and derivatives, helping you profit efficiently from market fluctuations.
Our new app for your convenient and fast verification
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
