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Stock Market today: Dow closes at record after 1500-point gain on Trump victory

The Dow soared to a record high after Donald Trump's presidential win, boosting optimism for economic growth as Republicans gain Congress, impacting various stocks and the Fed's interest rate outlook.

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Wells Fargo has tripled political spending with state groups over past decade

Wells Fargo has significantly increased donations to state election groups, emphasizing the growing importance of state politics amidst corporate responses to perceived hostility towards 'woke capitalism.'

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US banks encourage workers to vote, carving out paid time off

Major U.S. banks encourage employees to take paid time off to vote, highlighting bipartisan cooperation and respect for diverse opinions ahead of the presidential election.

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Citi hires top dealmaker Jeff Stute from Perella to bolster healthcare M&A ranks

Jeff Stute joins Citigroup as vice chair for healthcare mergers, aiming to enhance the bank's market share amid declining healthcare deal volumes.

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Citigroup shifts some staff out of Lebanon amid conflict

Citi moved a small number of employees from Lebanon to Turkey amid escalating conflict with Israel and Hezbollah, prioritizing staff safety and well-being.

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Futures mixed; Bank of America, Goldman Sachs to report - what's moving markets

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• NFLX
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Top 5 things to watch in markets in the week ahead

Key market events for the week include earnings reports, U.S. retail sales data, an ECB rate cut, China's GDP figures, and volatile oil prices amid geopolitical tensions.

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• DJI
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• TSLA
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US stock futures drift higher as markets digest hot CPI

U.S. stock futures rise slightly as focus shifts to Q3 earnings and Tesla's robotaxi reveal, while inflation data affects rate cut expectations and Wall Street stability.

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Citigroup establishes banking executive team, memo shows

Citigroup has formed a new executive team to enhance its corporate and investment banking, led by Viswas Raghavan, targeting growth in the deals market amidst a major overhaul.

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Citi pushes back on New York lawsuit over fraud scams

Citigroup seeks dismissal of a lawsuit alleging negligence in protecting customers from online scams, asserting robust security measures were in place to prevent fraudulent wire transfers.