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Urgent: U.S. stocks rally to begin heavy earnings week

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(Globalpost/GlobalPost)

NEW YORK, July 14 (Xinhua) -- U.S. stocks closed higher Monday to kick off a busy week for corporate earnings, lifting the Dow Jones Industrial Average to uncharted terrain in intraday trading, as Citigroup reported better-than-expected second-quarter results.

The Dow rose nearly 0.7 percent, and the S

http://www.globalpost.com/dispatch/news/xinhua-news-agency/140714/urgent-us-stocks-rally-begin-heavy-earnings-week