Stocks got a big boost from Wells Fargo (WFC) - Get Wells Fargo & Company Report on Thursday, as the three major averages all rose more than 3%. But after the close, Chevron (CVX) - Get Chevron Corporation Report and Boeing (BA) - Get Boeing Company Report issued warnings on their first-quarter earnings.
Dow Jones Industrial Average
rose 246 points, or 3.1%, to 8083 on Thursday, and finished up 0.8% in a four-day week of trading. The
lifted by 31 points, or 3.8%, to 857, and the
added 62 points or 3.9%, to 1653, up 1.9% on the week. For more on the Dow,
Wells Fargo said Thursday morning that it would earn $3 billion in the first quarter.
will be down due to the drop in crude oil prices in the past year and because its refining margins are lower.
a 38-cent per share lower profit and will cut its plane production.
Still, stocks have climbed for five straight weeks. The stock market is closed tomorrow for Good Friday.
As earnings season heats up, where do you think the market is headed next week? Please vote in our poll below.