Citigroup is trading 3.2% up at $131.13 as investors rotate back into financials following Wednesday’s risk-off selloff.
- The stock is rebounding alongside major indices as markets respond positively to the Fed’s rate hold, cooling inflation signals, and strong Microsoft earnings.
- The move appears to be driven by improving broader market sentiment and sector recovery, as no company-specific news or analyst catalysts were reported today.
- Financials are seeing renewed interest as part of a broader market recovery following recent volatility.