Financial Times FT.com

Citigroup and Google help extend gains

By Jeremy Lemer

Published: April 19 2008 03:00 | Last updated: April 19 2008 03:00

Wall Street stocks cantered towards the weekend break, climbing for a fourth straight session yesterday after Citigroup posted first- quarter results that were worse than broadly expected but better than some feared and Google impressed investors with resilient earnings.

The biggest US bank posted its second quarterly loss in a row on writedowns of about $12bn. Revenue fell by almost half, but that was better than a number of analysts predicted.

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