In the latest trading session, Citigroup (C) closed at $67.61, marking a -1.82% move from the previous day.
The Federal Reserve recently indicated that inflation might not be temporary and suggested it could hike rates sooner than anticipated.
(Bloomberg) -- Oil slumped the most in a month as a rising dollar pushed financial investors, who had piled into commodities to guard against inflation, toward the exits for other sectors.Futures in New York fell 1.5% on Thursday. A strengthening U.S. dollar reduced the appeal of commodities priced in the currency a day after the Federal Reserve signaled its ultra-easy monetary policy will soon come to an end. The Bloomberg Dollar Spot Index climbed for a fifth straight session, the longest stre