Wall Street Opens Higher But Cuts Early Gains

IBTimes
IBTimes
  • 12 years ago
U.S. stocks opened higher on Monday on Citigroup Earnings and strong retail sales data.
Citigroup Inc (C.N) rose 2.4 percent to $35.59 in premarket trading after posting adjusted earnings that surged from the prior year and beat expectations.
Retail sales rose in September, pointing to stronger-than-expected economic growth in the third quarter.

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