The markets: The U.S. markets all closed down yesterday. The S&P 500 lost more than 1%, hitting 5909.03, as it struggles to regain the 6,000 level. Europe and Asia were mixed this morning. US futures ticked up 0.34% before the opening bell.
Today: Analysts cast doubt on the future of Jane Fraser at Citi. Fraser is one of the Fortune 500’s most prominent female CEOs but she hasn't hit profitability targets and Citi lags its peers on that measure. “We suspect that if [Fraser] doesn’t show real progress relatively soon, she will be forced out to make way for someone who can,” Oppenheimer’s Chris Kotowski told clients. Citi declined to comment to the FT.
