Economic Indicators

Citigroup, Honeywell and Salesforce surge

Stocks that moved substantially or traded heavily Friday: Citigroup Inc., up $2.57 to $55.13 Bank stocks rallied as interest rates turned higher, reversing a steep decrease the day before.

A strong jobs report could provide reassurance on economy

Even with fear of a global economic slump depressing stock markets, Friday's jobs report for December is expected to offer reassurance that the U.S. economy remains sturdy and on track to expand for a 10th straight year.

Business Highlights

Stocks take a beating after iPhone sales slip; Dow falls 660 NEW YORK (AP) — Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales are slipping in China.