The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
Glencore, named as a co-conspirator, also bought a number of Brent cargoes to satisfy a tender to supply refiners in India. STRATEGY: BP Plc was alleged to have bought nearly all the propane in the Mont Belvieu storage fields in advance, then held on to it until the end of the month, when other companies that needed the gas on a northern pipeline would pay up for it.
*Citigroup one of S&P's biggest gainers after results. NEW YORK, April 14- U.S. stocks rose on Monday, rebounding after a sharp selloff in the previous session as strong results from Citigroup and bullish retail sales data lifted sentiment.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. rose 1.6 percent to $3.71 with 22,506,600 shares traded. Alcoa Inc. rose 2.6 percent to $12.86 with 29,500,100 shares traded.
Bank of America Corp. rose$. 25 or 1.6 percent, to $16.02. Citigroup Inc. rose $1.86 or 4.1 percent, to $47.54. Goldman Sachs rose $2.16 or 1.4 percent, to $154.88.
The "Fast Money" traders share their final trades of the day.
Stronger earnings at Citigroup, the best retail sales gain in 18 months and dovish European Central bankers combined to turn the tide for stocks.
BOGOTA, April 14- The rally in Colombia's capital markets is set to extend at least through 2014, possibly buffering the impact from monetary tightening in the United States but also leading to more volatility, analysts said.
April 14- Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. The biggest boon to Citigroup's first-quarter results came from Citi Holdings, the unit that houses the assets it's looking to shed.
April 14- Shares of medical device maker Medtronic Inc fell as much as 6 percent after a U.S. court temporarily halted sales of its aortic heart valve replacement system in the country.
NEW YORK, April 14- U.S. stocks bounced back on Monday, following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.
Last week's selloff was not the beginning of the end, says NYSE floor trader Kenny Polcari. Here's why.
Bank of America Corp. rose$. 21 or 1.3 percent, to $15.98. Citigroup Inc. rose $1.58 or 3.5 percent, to $47.26. Goldman Sachs rose $1.67 or 1.1 percent, to $154.39.
The markets have a long checklist to cross off before mounting a comeback, and investors need to watch this tech stock this week, Jim Cramer said.
But the market pushed higher from the get-go Monday, receiving a boost from solid earnings from Citigroup and a strong pickup in retail sales last month. Among the stocks that rose sharply were WebMD, Edwards Lifesciences and Goodrich Petroleum. Citigroup helped stoke the rally.
NEW YORK, April 14- U.S. stocks were set to open higher on Monday, following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.
Stock index futures pointed to a lower open, as the global tech selloff continued and geopolitical concerns about Ukraine and Russia weighed.
The sharp stock market decline last week doesn't look like it will continue this week, Jonathan Golub, chief U.S. market strategist at RBC Capital, told CNBC on Monday.
April 14- Citigroup Inc's quarterly net profit rose 4 percent as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses. Citigroup shares rose 3.8 pct to $47.43 in trading before the bell, clawing back some of the 9 percent loss since the Federal Reserve rejected its capital plans on March 26.
*Edwards Lifesciences shares rally after court ruling. *Ukraine's acting president threatens military action. NEW YORK, April 14- U.S. stock index futures edged higher on Monday, following a slarge selloff last session, with earnings results from Citigroup lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.
NEW YORK— Citigroup's first-quarter earnings rose, helped by declines in expenses and provisions for bad loans. EARNINGS: Citigroup reported a profit of $4.1 billion in the first quarter, after stripping out the effects of an accounting change and a tax item.