Friday, April 20, 2007

US STOCKS-Shares jump as earnings beat estimates

(Reuters) - NEW YORK, April 20 - U.S. stocks rose sharply on Friday, with the Dow coming within 50 points of the 13,000 mark, boosted by stronger-than-expected earnings from companies including Google Inc. and Caterpillar Inc. .

Dow component Caterpillar, a manufacturer of heavy construction and mining equipment, also raised its outlook and said growth outside North America was offsetting weakness in the U.S. housing and truck engine markets. For more see [ID:nN19299226].


Read more at Reuters.com Bonds News

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