Citigroup’s 2% Rise After Earnings Can’t Lift Bank ETFs
April 18, 2011 at 12:46 PM EDT
Citigroup (NYSE: C) shares rallied more than 2% Monday afternoon in the face of a down market after Standard & Poor’s warned on U.S. credit, but it wasn’t enough to put bank exchange traded funds (ETFs) into the green. Citigroup was the most active stock on the NYSE after the banking giant said...