European stocks up amid renewed Citi speculation (AP)

Passers-by are reflected on the electronic stock indicator of a securities firm in Tokyo, Japan, Monday, Feb. 23, 2009. Japanese stocks retreated Monday, dragged lower by the failure of a Japanese lender as well as concerns about the fate of U.S. banks. The benchmark Nikkei 225 stock average lost 40.22 points, or 0.5 percent, to 7,376.16. (AP Photo/Shizuo Kambayashi)AP – European stock markets rose modestly Monday ahead of expected Wall Street gains on reports that the Obama administration was not planning to nationalize one or more big U.S. banks and was instead looking at ways to raise its stake in Citigroup Inc.

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