US STOCKS-Wall St to rise after Citi earnings, data; eyes on Ukraine

lunes 14 de abril de 2014 09:00 GYT

* U.S. retail sales post biggest gain in 1-1/2 years

* Ukraine's acting president threatens military action

* Futures up: Dow 69 pts, S&P 10 pts, Nasdaq 20 pts (Updates prices, adds retail sales data, byline)

By Rodrigo Campos

NEW YORK, April 14 (Reuters) - U.S. stocks were set to open higher on Monday, following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.

* Equity futures took off after Citi said its quarterly net profit rose as a smaller loss on its troubled assets made up for a drop in revenue and profit from its core trading and lending businesses. Citi shares added 3.7 percent in premarket trading.

* Futures added to gains after data showed U.S. retail sales recorded their largest gain in 1-1/2 years in March, in the latest sign the economy was emerging from its weather-induced slumber and on track to accelerate in the second quarter.

* Ukraine's acting president threatened military action on Monday, after pro-Russian separatists occupying government buildings in eastern cities ignored an ultimatum to leave and another group attacked a police headquarters.

* Russian stocks fell 1.4 percent and the rouble hit its weakest in three weeks as Ukraine's preparedness to fight heightened fears of Russian military intervention and more western sanctions against Moscow.   Continuación...