Bloomberg News

U.S. Stocks Extend Gain as Citigroup, Morgan Stanley Shares Rise

October 19, 2011

Oct. 19 (Bloomberg) -- U.S. stocks extended gains, led by banks, after Morgan Stanley’s earnings topped estimates and Citigroup Inc. was said to agree to pay $300 million to resolve Securities and Exchange Commission claims.

The Standard & Poor’s 500 Index increased 0.2 percent to 1,228.23 at 10:27 a.m. in New York.

To contact the editor responsible for this story: Michael P. Regan at

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