Stocks are closing higher Friday, reversing their week-long rut.
Technology stocks and banks led much of the gains, but the S&P 500 still ended with its first weekly loss in the last five. Investors focused on company earnings from big names like Intel, American Express and Honeywell. Shares in Kimberly-Clark, the maker of Huggies diapers and other consumer products, fell by the most since last October after it reported disappointing results.
Bond yields were flat. Investors weighed economic growth against threats from the pandemic and worries about changes in tax policy.