US investment banking giant Citigroup saw its shares tumble in early afternoon trading after the group revealed a fall in profits and sliding revenues.
The number of stocks on the US stock market has reached its lowest level since 2009 as companies cut back on share sales and buy back equity at the fastest pace in four years
Are investors falling out of love with equities? We all know about the so-called lost decade for equities investors who put money into the market in 2000, although that is a selective use of data.
Neptune's Robin Geffen is standing by his overweight US position as he believes the region is unlikely to fall into recession this year as long as another banking crisis is avoided.
A likely hard landing in China will bring the financial crisis of the past five years to a climax in 2012, a leading City strategist has warned.