Ref: S&P 500 hits 17-month high as banks lift Wall St
reports:
NEW YORK (Reuters) – The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.
Ref: ‘Slow start’ for 2010 home sales
reports:
The number of homes sold in England and Wales at the start of 2010 was at a low level, a survey says.
Ref: Summary Box: Citi CEO sees return to profitability
(AP)
reports:
AP – BULLISH OUTLOOK: Citigroup Inc. says its returning to “sustained profitability” after losing billions on bad loans and taking a federal bailout. CEO Vikram Pandit says the bank is shedding risky mortgage assets and shifting focus to emerging markets like Latin America and Asia.