Citigroup stock slides after-hours as Trump credit-card rate cap stays in focus
Citigroup shares fell 4.4% to $112.80 in after-hours trading Tuesday, leading a broader drop in U.S. bank stocks. Investors reacted to uncertainty over possible congressional caps on credit-card interest rates. CEO Jane Fraser said she doubts Congress will approve such limits. The S&P 500 banks index slipped 1.2%.