U.S. stocks rebound, mostly up for the week on earnings to 1

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U.S. stocks rebound, mostly up for the week on earnings to 13,029
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- U.S. stocks mostly rebounded Friday from a two-day losing spell, with two of the major indexes tallying weekly gains, as better-than-expected corporate results overrode global concerns. "A lot of stock prices are being made in Europe these days, but it is a short-term phenomenon. Even though the economies are weak, they seem to be doing what they should be doing," said John Manley, chief equity strategist at Wells Fargo Advantage Funds. Halting a two-week losing run, the Dow Jones Industrial Average rose 65.16 points, or 0.5%, to 13,029.26, leaving it 1.4% ahead from the week-ago close. The S&P 500 added 1.61 point, or 0.1%, to 1,378.53, up 0.6% for the week. The Nasdaq Composite fell 7.11 points, or 0.2%, to 3,000.45, off 0.4% for the week, its third consecutive weekly slide.