Upbeat U.S. economic indicators helped stock markets rise on Monday, offsetting concerns about Spain, which had seen its borrowing rates jump on fears it will eventually need a bailout.
The Commerce Department said U.S. retail sales rose 0.8 percent in March despite a strong increase in gas prices. Retail sales hit a record high of $411.1 billion, 24 percent higher than the recession low in March 2009.
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