March 10 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of U.S. stocks today.

Stocks around the world staged the biggest rally of the year after Citigroup Inc. said it was having its best quarter since 2007, spurring speculation the worst of the banking crisis is over. The Standard & Poor's 500 Index rebounded from a 12-year low, increasing 6.4 percent to 719.6. The Dow Jones Industrial Average added 379.44 points, or 5.8 percent, to 6,926.49. (Source: Bloomberg)

Running time 01:57

-0- Mar/11/2009 00:12 GMT

Last Updated: March 10, 2009 20:12 EDT