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The WSJ Dollar Index is down more than 7% this year, which also affects profits. Historically, for every 10% change in the dollar, S&P 500 earnings have an opposite move of 2.5%. The dollar's decline ...
Citi also raised its full-year revenue guidance to approximately $84 billion, the top end of its previous range ($83.1 billion to $84.1 billion). The bank also lifted its forecast for net interest ...