The stock market rose on Friday, as earnings continued to impress and retail sales data beat expectations.
Dow Jones Industrial Average
gained 382 points, or 1.1%, one day after the benchmark climbed 534 points. The
advanced 0.8% and 0.5%, respectively.
“Right on schedule, stocks are rising on the strength of early earning results,” writes Louis Navellier, founder of Navellier & Associates.
Companies on the S&P 500 have been beating earnings estimates by a decent clip this earnings season. Third-quarter