Stocks rose on Friday after strong earnings from Google Inc and Citigroup Inc helped lift some of the angst about Europe's debt crisis and stalled budget talks.

The Dow Jones industrial average <.DJI> was up 48.06 points, or 0.39 percent, at 12,485.18. The Standard & Poor's 500 Index <.SPX> was up 5.86 points, or 0.45 percent, at 1,314.73. The Nasdaq Composite Index <.IXIC> was up 24.63 points, or 0.89 percent, at 2,787.30.

(Reporting by Angela Moon; Editing by Padraic Cassidy)