Scoreboard: Earnings inspiration

US markets pushed higher as Citigroup’s positive earnings gave investors a boost, while gold prices fell amid easing geopolitical concerns.

European shares rose on Monday. Shares in Citigroup rose after releasing solid earnings figures. And fears about the health of the Portuguese banking system continued to ease. The FTSEurofirst 300 index rose by 0.8 per cent with the German Dax higher by 1.2 per cent while the UK FTSE gained 0.8 per cent. Australia's major miners were higher in London trade with shares in BHP Billiton up by 1.6 per cent while Rio Tinto lifted by 1.2 per cent.

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