Nasdaq Pares Decline, Still Down 0.65%, S&P 500 Down 0.8%

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Citi expects a weak start, strong finish to 2023

December 19, 2022 3:18 PM EST

Citi analyst Scott Chronert said in a note to clients on Monday that they are preparing for volatility in the first quarter of 2023.

The firm's broader market call is for a weaker start to the year, with a stronger finish, the analyst declared.

"We position more defensively for now. Health Care,... More