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Citigroup Stock Sees a 13% Surge After Q2 Results Beat Expectations

Friday was a particularly good day for Citigroup Inc. and its shareholders. The investment bank presented positive second-quarter results and saw its stock surge 13%. This marked the biggest surge Citigroup had post-earnings in two decades. "In a challenging macro and geopolitical environment, our team...

Recent Retail Sales Cause Stocks to Advance

Although this week presented its fair share of losses in the stock world, the week ended with a slightly brighter tone. Moods were lifted when stock analysts saw a large bump in retail sales, especially from Citigroup. This is more consistent with the way things...