U.S. Stocks Gain as Treasury Bonds Erase Losses; Target, Citigroup Advance

(Bloomberg) -- U.S. stocks gained after retail
sales jumped more than forecast and bond yields fell.

Target Corp., the second-biggest discount chain, and Home
Depot Inc., the largest home-improvement retailer, climbed.
Citigroup Inc. and JPMorgan Chase & Co. rose and financial
shares contributed the most to the advance in the Standard &
Poor's 500 Index.


Read more at Bloomberg Stocks News

Target reports higher profit

(Reuters) - Analysts, on average, were expecting it to earn 71 cents per share, according to Reuters Estimates




In recent quarters, Target's sales gains at stores open at least a year have outpaced those at Wal-Mart, boosted by its trendy but inexpensive designer merchandise, like its Isaac Mizrahi home decor and clothing. It is also increasing its selection of food to bring shoppers to its stores more often.


Read more at Reuters.com Business News