Scoreboard: Retail splurge

Global stocks rose from their recent rut after US retail sales recorded their biggest gain in 18 months and Citigroup posted strong earnings.

Some positive earnings data (Citigroup ) and the strongest lift in US retail sales since September 2012 shook the market out of its rut last night, pushing stocks on both side of the Atlantic higher. US consumers hit the shops in March, and spending surged 1.1 per cent. It was a particularly positive result as the gain follows a 0.7 per cent lift the month prior. Excluding volatile items (petrol and cars), sales rose 1 per cent -- well above the consensus expectation for a 0.4 per cent gain.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles