Most U.S. Stocks Rise on Better-Than-Forecast Sales Data
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Most U.S. stocks advanced, following the biggest weekly loss for the Standard & Poor’s 500 Index in 2012, as a stronger-than-forecast increase in retail sales bolstered optimism about the world’s largest economy.
Citigroup Inc. climbed 1.8 percent after fixed-income trading revenue more than doubled. Procter & Gamble Co. gained