Stocks Are on a Three-Week Winning Streak, Two Major Indexes Post Five-Year Highs

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:

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.

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