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Stocks Citigroup Inc

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    Investors will have seen enough corporate results by the end of the week to determine if the recent string of encouraging earnings was a real sign stocks can weather the credit crisis.

  • New York Stock Exchange (NYSE)

    Big banks topped this week's investing news as they continued to fight their way through the subprime mortgage mess. For some, like JPMorgan Chase and Citigroup, which both reported earnings this week, it meant continued writedowns.

  • Stocks rallied Friday amid hope that the worst is over for financials and after solid earnings from multinationals.

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    Whenever the stock market rushes full speed ahead, it is hard not to look for the big let-down. That could be the case in the week ahead... Major earnings reports, housing data, annual shareholder meetings, and Tuesday's Pennsylvania presidential primaries are what traders will be watching to see if the trend continues.

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    Our traders are good - but you knew that! Check out their latest picks that paid.

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    Corporate earnings put investors in a buying mood and sent the Dow soaring. What's the "Word on the Street?"

  • For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.

  • The week started out poorly, with Wachovia Bank disappointing, and creating fears that the financials would simply fall apart. It didn't happen; Merrill Lynch and Citi reported big writedowns and poor earnings;

  • Citigroup, Merrill Lynch and Wachovia this week announced 12,400 job cuts, and the number of pink slips is likely to rise as losses mount and the economy works its way out of its malaise.

  • Exchanging Dollars and Euros

    Signs of renewed confidence in the U.S. financial system could support the dollar next week, provided March's housing reports do not revive chances of a steep interest rate cut.

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    Investors just want to know what's on their plate, even if they don't like the taste, and that's what Citigroup provided, along with a plan for recovery.

  • Stocks soared Friday amid renewed hope that the worst is over for financials and solid earnings from the industrial and tech sectors.

  • A look at job cuts announced in recent weeks by U.S. banks:

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    The dollar touched a seven-week high against the yen and pulled further away from a record low versus the euro Friday after Citigroup earnings contained less damage from the crisis in credit markets than some had expected.

  • U.S. stocks opened sharply higher Friday as a string of powerful earnings reports showed blue-chip corporate strength that belied fears of a crumbling economy.

  • European stocks surged 2.3 percent on Friday to their highest close in ten days, driven by banks which jumped after Citigroup's update underscored hopes the worst was over in the global credit crisis.

  • U.S. stocks opened sharply higher Friday as a string of powerful earnings reports showed blue-chip corporate strength that belied fears of a crumbling economy.

  • Citi is providing the main upside impetus, but relief that big industrials like Caterpillar and Honeywell did not repeat GE's concern that last two weeks of March fell apart is also a big help; the dollar has rallied. Today is an options expiration day.

  • Citigroup Center

    Though the $5.11 billion quarterly loss was larger than expected, investors expressed optimism that the bank is trying to move past credit problems and cut costs.

  • New York's attorney general and securities regulators in several U.S. states are probing auction-rate securities and the role Wall Street firms had in enticing investors into the troubled $330 billion market.