U.S. Stocks Move Higher On Citi Results, M&A Deals

Now watching

Next video starts in : 7 Play

U.S. Stocks Move Higher On Citi Results, M&A Deals

U.S. Stocks Move Higher On Citi Results, M&A Deals
Replay video
Up next

Beyoncé is still on beat in this ‘Single Ladies’/‘DuckTales’ mashup

Unlock your personal NFL Now stream by signing in to NFL.com

U.S. Stocks Move Higher On Citi Results, M&A Deals

by TheStreet.com Videos 0:46 mins

U.S. Stocks Move Higher On Citi Results, M&A Deals

by TheStreet.com Videos 0:46 mins

U.S. markets opened higher on Monday on the back of positive earnings results from Citigroup and a slew of M&A deals. Wall Street appeared to like Citigroup's (C) quarterly results. Citi posted a profit much better than expected for its second quarter. The troubled bank also announced a $7 billion settlement with the U.S. Justice Department involving shoddy mortgage securities ahead of the 2008 financial crisis. JP Morgan (JPM), Goldman Sachs (GS), Bank of America (BAC) and Morgan Stanley (MS) are set to report earnings this week. Deals are also moving the markets today including one from Sotheby's (BID) and Ebay (EBAY). The two companies will partner to stream Sotheby's sales worldwide. TheStreet's Susannah Lee reports from New York.

Must Watch

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless