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

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 Active01/18/13 16:07:14

CompanyTickerLastChangePct Change
BANK OF AMERICA CORPORATIONBAC11.160.121.06%
SPDR S&P 500 ETFSPY148.400.400.27%
INTEL CPINTC21.211.476.48%
ATTITUDE DRINKS NEWATTD0.000.000.00%
GENERAL ELECTRIC COGE22.150.853.99%
CITIGROUP WTS 1/4/2019C.WSA0.470.012.22%
RESEARCH IN MOTION LTDRIMM15.850.946.27%
WORLD MOTO INCFARE0.030.0235.14%
MORGAN STANLEYMS22.451.698.17%
NOKIA CORPNOK4.430.112.32%

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Featured image courtesy kitup.military.com.

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