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Other stocks making big moves: Apple rose $15.03, or 2.4 percent, to $649.79 after the company sent out invitations for an event next Tuesday where it is expected to announce a smaller iPad. Citigroup rose 59 cents $37.25 following the sudden departure of CEO Vikram Pandit, who had steered the bank through the 2008 financial crisis. Pandit, who is also stepping down from the company's board, is being replaced by longtime Citi executive Michael Corbat. A123 Systems Inc., a maker of electric batteries for vehicles, put its U.S. operations into Chapter 11 bankruptcy protection and said its automotive assets will be acquired by Johnson Controls for $125 million. A123's stock plunged 18 cents to 6 cents. The yield on the benchmark 10-year Treasury note rose to 1.72 percent from 1.67 percent late Monday. European markets also rose. Benchmark indexes were up 1.6 percent in Germany, 2.4 percent in France and 1.1 percent in Britain. The euro rose to almost $1.30 against the dollar from $1.29 the day before.
[Associated
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