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Dow Closes up 230 On Citigroup, Google Results

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Apr 18, 2008 12:50 pm US/Pacific

Dow Closes up 230 On Citigroup, Google Results

 CBS News Interactive: Eye On The Economy

 More Stock Info
NEW YORK (AP) ― Wall Street is closing the week with a rally after results from companies like Citigroup and Google helped ease anxiety about corporate profits in a slowing economy. The major stock indexes at times rose more than 2 percent.

Citigroup reported a big loss, but brought no big surprises. Google helped buoy investors with a larger profit than expected.

The Dow Jones industrials are up about 230 points at the 12,850 level.

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