Citi CFO: About $500 million in share repurchases will be carried out this quarter.

Market news: Russian President Vladimir Putin boarded a plane to leave the United Arab Emirates and will go to Saudi Arabia.

Citigroup (CN) U.S. stocks fell 2.8% before the market opened, and the CFO expected revenue to be at the lower end of the guidance range.

Riot Blockchain (RIOT.O): Bitcoin production in November was 552.

U.S. Treasuries erased losses; yields on 5- to 30-year Treasury bonds hit daily lows.

The UK 5-year government bond yield fell below 4% for the first time since May, falling 6 basis points on the day to 3.996%.

According to the Saudi Press Agency: The Saudi Crown Prince stated that the government is committed to promoting economic growth through expanding government spending in the 2024 budget.

Saudi Arabia has adopted the 2024 national budget, and Saudi Arabia’s total fiscal revenue in 2024 is expected to be 1.172 trillion riyals.

Citigroup (CN): A restructuring is expected in the fourth quarter that is expected to incur hundreds of millions of dollars in charges.

A Reuters survey showed that 26 out of 38 economists said the first U.S. interest rate cut was to adjust real interest rates rather than initiate stimulus measures.

A Reuters poll showed that 72 of 102 economists believe the Fed will cut interest rates by 100 basis points or less in 2024.

Citi CFO: U.S. consumers have been showing strong resilience and the unemployment rate has remained "surprisingly" low.

U.S. stock futures were higher, with S&P 500 futures up 0.43%, Nasdaq futures up 0.53%, and Dow futures up 0.22%.

Market news: Jikrypton is reportedly exploring the possibility of an IPO in the United States in February next year.

After the release of ADP data, the MSCI Emerging Markets Foreign Exchange Index has erased its losses; the Mexican peso rose 0.5%.