Stocks Jump On Citi Earnings, Strong Retails Sales Data

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Stocks Jump On Citi Earnings, Strong Retails Sales Data

by TheStreet.com Videos 1:18 mins

Stocks Jump On Citi Earnings, Strong Retails Sales Data

by TheStreet.com Videos 1:18 mins

U.S. stocks gained Monday after data showed retail sales increased the most since 2012 and Citigroup earnings jumped unexpectedly. Citigroup reported net income for the first quarter of $3.9 billion, or $1.23 a share, beating expectations for $1.14 a share. U.S. retail sales increased 1.1% in March to $433.9 billion, the strongest result in one and half years. The Ukrainian government gave pro-Russian activists a Monday morning deadline - which has passed - to disarm or face military action.

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