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Stocks Jump On Citi Earnings, Strong Retails Sales Data

U.S. stocks gained Monday after data showed retail sales increased the most since 2012 and Citigroup earnings jumped unexpectedly. Citigroup reported net income for the first quarter of $3.9 billion, or $1.23 a share, beating expectations for $1.14 a share. U.S. retail sales increased 1.1% in March to $433.9 billion, the strongest result in one and half years. The Ukrainian government gave pro-Russian activists a Monday morning deadline - which has passed - to disarm or face military action.