Monday, April 16, 2007

US STOCKS-Indexes rally, recover from February sell-off

(Reuters) - NEW YORK, April 16 - U.S. stocks rose on Monday, helping major indexes seal their recovery from a late February sell-off, as Citigroup Inc.'s strong results and a $25 billion buyout of student loan company Sallie Mae boosted sentiment.

Data showing a slightly stronger-than-expected rise in March retail sales helped push the Standard & Poor's 500 index to 6-1/2-year highs. For details, see [ID:nN16285707].


Read more at Reuters.com Bonds News

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