Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of Citigroup Inc. and Wells Fargo & Co. each jumped more than 7%, according to FactSet data,

Citi ( C, Financial) Research analysts released a list of their Top 20 large-cap stocks outperforming the S&P 500, with the index ending December 5.2% down from the index. This carefully curated selection showcases Citi's belief in continued growth despite the market volatility we anticipate in 2025.

Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.

Citi Research analysts shared their top 20 large-cap stocks that currently outperform the S&P 500 (SP500). As of the end of December, this list outperformed the S&P 500 (SP500) by about 5.2%.

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.

Trading desks benefited from a banner year in U.S. equities, with the S&P 500 touching record-high levels in the fourth quarter. Markets revenue at Citi jumped 36% to $4.6 billion in the quarter ...

The S&P 500 index’s biggest sector, information technology, was rising sharply Friday afternoon, but the gains were not quite large enough to lift it into positive territory so far in 2025. The tech sector was up 1.

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Citi economist Veronica Clark wrote in a note to clients on Wednesday that markets have "overestimated the stickiness of inflation." "Details of December data should also be encouraging for ...

The S&P 500 rose 2% in its biggest single-day gain since the US election aftermath. The Nasdaq too gained nearly 2.5% or 450 points. A Bloomberg gauge of the “Magnificent Seven” megacaps rallied 3.7%. The Russell 2000 advanced 2%. The KBW Bank Index ...

Citigroup cut its closely watched profitability target in 2026 as it tackles rising regulatory expenses and, at the same time, announced a $20 billion share buyback program.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.