US stocks up almost 100 points

US stocks rose last night after a strong gain in retail spending suggested that consumers could be getting more confident about the US economy. Bank stocks rose broadly after Citigroup delivered a strong earnings report.

US stocks up almost 100 points
Tue, 16 Oct, 2012 - 08:03

US stocks rose last night after a strong gain in retail spending suggested that consumers could be getting more confident about the US economy. Bank stocks rose broadly after Citigroup delivered a strong earnings report.

The Dow rose 95.38 points to close at 13,424.23, its biggest gain since September 13.

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CourtsBusinessHeathrowPlace: USPlace: ChinaPlace: EuropePlace: GreecePlace: SpainPerson: Hugh JohnsonPerson: Eli LillyOrganisation: CitigroupOrganisation: NasdaqOrganisation: Lowe'sOrganisation: TJX CosOrganisation: Yum BrandsOrganisation: DepartmentOrganisation: Johnson Illington AdvisorsOrganisation: Wall StreetOrganisation: CitiOrganisation: Bank of AmericaOrganisation: JPMorgan ChaseOrganisation: Wells FargoOrganisation: ChinaOrganisation: Abbott LaboratoriesOrganisation: PfizerOrganisation: MerckOrganisation: Bristol-Myers Squibb
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