WS #12078
Citigroup stock dropped 5.3% after CEO Jane Fraser said the bank would 'lean in with additional investments and other actions,' interpreted as higher spending. Goldman Sachs raised $10 billion from a high-grade bond sale. US Treasury deficit ballooned to $120B in June vs $27B surplus YoY, driven by $26B in tariff refund payments and $117B surge in outlays; 9-month FY2026 deficit hits $1.37T.
Citigroup Stock Slide
Citigroup stock dropped 5.3% after CEO Jane Fraser said the bank would 'lean in with additional investments and other actions,' interpreted as higher spending.
Goldman Sachs raised $10 billion from a high-grade bond sale.
US Treasury deficit ballooned to $120B in June vs $27B surplus YoY, driven by $26B in tariff refund payments and $117B surge in outlays; 9-month FY2026 deficit hits $1.37T.