By Rodrigo Campos NEW YORK (Reuters) - Stocks rebounded on Monday, following a sharp selloff in the previous session, with Citigroup's earnings and retail sales lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine. Citigroup shares led the financial sector higher after the bank said its quarterly net profit rose because of a smaller loss on its troubled assets. The stock rose 4.6 percent to $47.78. The S&P financial index gained 0.8 percent. "This is a reflex rally. We're bouncing back, probably on Citi. ...
via Health News Headlines - Yahoo News Read More Here..
No comments:
Post a Comment