Citigroup stock: What to watch as Trump’s credit-card cap nears the next session
Citigroup shares closed Friday at $118.04, up 0.49%, as investors watched for details on President Trump’s proposed one-year 10% cap on credit-card rates set for Jan. 20. Citi reported fourth-quarter net income of $2.5 billion and a $1.2 billion Russia-related loss. The S&P 500 financial sector posted its steepest weekly drop since October. U.S. markets will be closed Monday for Martin Luther King Jr. Day.