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:

Stocks Go Absolutely Nutso, Major Indexes Post Five Year Highs

Stocks Go Absolutely Nutso, Major Indexes Post Five Year Highs

Stocks Go Absolutely Nutso, Major Indexes Post Five Year Highs

Most Active:

Most Active 01/18/13 16:07:14
Company Ticker Last Change Pct Change
BANK OF AMERICA CORPORATION BAC 11.16 0.12 1.06%
SPDR S&P 500 ETF SPY 148.40 0.40 0.27%
INTEL CP INTC 21.21 1.47 6.48%
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%
MORGAN STANLEY MS 22.45 1.69 8.17%
NOKIA CORP NOK 4.43 0.11 2.32%

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Featured image courtesy kitup.military.com.