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Stocks snap higher in early trading; Citigroup up

By WTOP Staff

The Associated Press

Stocks are up sharply in early trading as the market shakes off its worst weekly performance in three months.

Citigroup rose after the bank turned in better results than Wall Street expected and said it had reached a settlement in an investigation into its mortgage business.

The Dow Jones industrial average rose 126 points, or 0.7 percent, to 17,071 in the first few minutes of trading Monday.

The Standard & Poor’s 500 index rose 10 points, or 0.6 percent, to 1,978. The Nasdaq composite rose 25 points, or 0.6 percent, to 4,440.

Mylan rose 3 percent after the company said it will buy Abbott Laboratories’ generic-drug business

Bond prices fell. The yield on the 10-year Treasury note edged up to 2.53 percent.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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