Financial Times FT.com

Citigroup's new-found optimism sparks recovery

By Kiran Stacey in New York

Published: March 11 2009 02:00 | Last updated: March 11 2009 02:00

US stocks leapt yesterday after some rare good news from the battered banking group Citigroup

led the benchmark S&P 500 index back above the 700 level.

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