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By TSC Staff ,

The stock market rallied on Friday, still riding the euphoria of

Google's

(GOOG) - Get Report

outstanding earnings report.

The

Dow Jones Industrial Average

rose 229 points to close at 12,850; the

Nasdaq Composite

was up 61 points to 2403, and the

S&P 500

finished 25 points higher at 1390.

Google shares closed at $539.82 Friday, up $90, or 20% a day after the Internet giant

cruised past Wall Street estimates

.

You think Google can be the much-needed catalyst the market has been looking for? Please vote in our poll below.

This article was written by a staff member of TheStreet.com.

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