Market Updates: Citigroup (NYSE:C), Apple (NASDAQ:AAPL), General Dynamics (NYSE:GD)

The Swiss franc may decline to a level against the dollar last seen in May if it ends the day weaker than a key technical level, according to Citigroup (NYSE:C). A daily close weaker than the 55-day moving average of 80.99 centimes per dollar would indicate the franc will slump to the 200-day moving average, wrote Tom Fitzpatrick, chief technical analyst at Citigroup Inc. in New York, in a research note to clients today. The franc last broke 89.29 centimes, now the 200-day moving average, in mid-May. -Bloomberg What makes investors forget about losing an iconic leader? How about traction in a market with four times more people than the United States that’s now the largest computing market . . . → Read More: Market Updates: Citigroup (NYSE:C), Apple (NASDAQ:AAPL), General Dynamics (NYSE:GD)
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