US stocks jumped as risk appetite returned to markets roiled in recent weeks by concerns about global economic growth, surging prices and policy tightening. Treasuries fell with the dollar.Both the S&P 500 and Nasdaq 100 bounced higher after a late-day tech-led drop Monday. Citigroup Inc. rose after report showed Warren Buffett’s Berkshire Hathaway took a stake in the lender. Walmart Inc. tumbled after cutting its profit outlook due to inflationary pressures, while Home Depot Inc. climbed after boosting its full-year forecast.Sentiment was buoyed after data showed U.S. retail sales grew at a solid pace last month, the latest evidence that consumers remained resilient in the face of inflation. The value of overall purchases increased 0.9%, after an upwardly revised 1.4% gain in March. Another report in the economy in the euro area expanded more than initially estimated at the start of the year, defying headwinds from the early days of the war in Ukraine.
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