🔴 Citigroup is trading 3.2% down today amid broad market weakness

Citigroup is trading 3.2% down at $134.45 amid broad market weakness.

• The S&P 500 is down 0.83%, the Nasdaq Composite is down 1.06%, and the Dow Jones is down 0.50%.
• Investors are weighing renewed AI-slowdown concerns, higher oil prices, rising bond yields, and uncertainty ahead of the Federal Reserve’s September 16 meeting.
• Citigroup’s increased Saudi exposure is notable, but available coverage does not identify it as the cause of the decline.