Stocks closed Friday with their third straight week of gains and two major indexes posted five-year highs.
“The Dow gained 53.68 points to end at 13,649.70,” the AP notes. “The Standard & Poor’s 500 index rose 5.04 points to 1,485.98, while the Nasdaq composite fell 1.30 points to 3,134.70.”
“This earnings season is off to a good start so far. Of the 67 companies in the S&P 500 that have reported, 43 have trumped analysts’ estimates,” the report adds.
These earnings reports undoubtedly helped push stocks higher on Friday:
|Most Active||01/18/13 16:07:14|
|BANK OF AMERICA CORPORATION||BAC||11.16||0.12||1.06%|
|SPDR S&P 500 ETF||SPY||148.40||0.40||0.27%|
|ATTITUDE DRINKS NEW||ATTD||0.00||0.00||0.00%|
|GENERAL ELECTRIC CO||GE||22.15||0.85||3.99%|
|CITIGROUP WTS 1/4/2019||C.WSA||0.47||0.01||2.22%|
|RESEARCH IN MOTION LTD||RIMM||15.85||0.94||6.27%|
|WORLD MOTO INC||FARE||0.03||0.02||35.14%|
Follow Becket Adams (@BecketAdams) on Twitter
Featured image courtesy kitup.military.com.