|Sen. Carl Levin, center, huddles with Sen. John McCain as Sen. Tom Coburn looks at notes during Tuesday's Senate panel questioning Goldman Sachs executives about the firm's trading of derivatives of subprime mortgages.|
Stocks struggle for direction on Wednesday as a strengthening U.S. economy reinforces the chances of interest rate hikes this year.
Despite the post-election run up in financials, bank earnings will get a bump from the multiple expected interest rate hikes this year, TheStreet's Jim Cramer predicted.
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Citigroup, whose operations span more than 160 countries, could move to a "network model" from a "hub-and-spoke model" for supplying importers and exporters with loans.