U.S. Stocks Rise as Retail Sales, Citigroup Top Estimates

U.S. stocks rose, as the Standard & Poor’s 500 Index rebounded from its biggest weekly drop in four months, after American retail sales and Citigroup Inc.’s earnings topped estimates.

Citigroup soared 5.5 percent, the most since March, as results were helped by a surge in bond-trading revenue. Texas Instruments Inc. rose 3.5 percent on a report Amazon.com Inc. may buy its mobile chip unit. PulteGroup Inc. and KB Home jumped more than 4.9 percent as homebuilders rallied. Apple Inc. added