Dow extends two-week winning streak on earnings


The Dow Jones Industrial Average ($INDU) shrugged off some disappointing data to post solid gains Friday, helped by better-than-expected earnings from key consumer bellwhethers. The blue-chip barometer added 1% for the week, extending its winning ways to a second straight week.

At the closing bell the Dow was up 73 points, or 0.7%, to 10,270. Equities shrugged off a disappointing report on consumer confidence, focusing instead on earnings reports. The broader S&P 500 ($INX) gained 6 points, or 0.6% to finish at 1,093, while the tech-heavy Nasdaq Composite ($COMPX) rose 19, or 0.9%, to 2,168.