Stocks Move Higher; S&P 500 Still On Track For Weekly Loss

By DAMIAN J. TROISE AP Business Writer
Stocks were rising in afternoon trading Friday, but the overall market is still on pace to end the week lower for the first time in five weeks. Investors continue to focus on individual company earnings, getting results late Thursday from chip giant Intel and, on Friday, companies like American Express and Honeywell. Technology stocks and banks led much of the gains. Bond yields ticked higher. Corporate earnings have been mostly positive, but the market has been choppy as investors weigh economic growth against threats from the pandemic and worries about changes in tax policy.


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