In This Article:
The major averages (^DJI, ^IXIC, ^GSPC) are on track for their seventh straight week of gains. Investors were encouraged this week after the Federal Reserve signaled it could be on track for several interest rate cuts in 2024. In the banking sector, Citigroup (C) has announced it is shutting down its muni business in the first quarter of 2024. The bank had been one of the top underwriters in the state and local debt market. Yahoo Finance trending tickers include Costco (COST), Rivian (RIVN), and Moderna (MRNA).
Key guests include:
9 a.m. ET - John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist
10:30 a.m. ET - Vincent Reinhart, Dreyfus and Mellon Chief Economist & Lindsey Piegza, Stifel Chief Economist
11 a.m. ET - Bill Northey, U.S. Bank Wealth Management Senior Investment Director
11:15 a.m. ET - David Hammer, PIMCO head of municipal bond portfolio management