BUZZ-U.S. Stocks on the Move-Citigroup, Mylan, Female Health, NIC
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stock indexes rose on Monday, sparked by the latest flurry of merger activity and earnings from Citigroup, putting the S&P 500 on pace to climb for a second straight session. The Dow Jones industrial average was up 0.78 percent at 17,076.28, the S&P 500 was up 0.57 percent at 1,978.71 and the Nasdaq Composite was up 0.68 percent at 4,445.67.
** CITIGROUP INC,$48.524, +3.24 pct
The company said it agreed to pay $7 billion to settle a U.S. government investigation into mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis.
Citigroup on Monday also reported a stronger-than expected adjusted quarterly profit as its fixed-income business performed ahead of forecasts, taking the sting out of the settlement. However, its quarterly profit fell 96 percent.
The stock was one of the top boosts to the S&P 500.
** ENDEAVOUR SILVER, $5.96, -4.03 pct
** MCEWEN MINING, $2.95, -4.84 pct
** FIRST MAJESTIC SILVER CORP, $166.81, +0.23 pct Continued...