Updated with market close information and additional information on Capital One. NEW YORK ( TheStreet) -- Capital One ( COF) was the big winner on Friday among the largest U.S. financial names, with shares rising over 6% to close at $56.17. The Dow Jones Industrial Average
ended with a slight gain, held back by General Electric ( GE), which dipped 4% to close at $21.75, after a disappointing first-quarter earnings report. GE beat the consensus estimate among analysts polled by Thomson Reuters with a first-quarter profit of $4.1 billion, or 39 cents a share. However, the industrial giant reported weak revenues in most categories, with revenue in the Power & Gas segment down 26% year-over-year. First-quarter total industrial revenue was down 6% from a year earlier. The S&P 500 ( SPX.X) and NASDAQ Composite indices ended with 1% gains, as investors continued to watch developments in Boston. The KBW Bank Index ( I:BKX) was up 1.5% to close at 54.85, with all but two of the 24 index components ending the session with gains. Shares of State Street ( STT) of Boston rose 1% to close at $56.93. The bank beat the first-quarter consensus with earnings of $443 million, or 96 cents a share, as revenue increases in several key areas more than offset a sharp sequential decline in net interest revenue. Please see TheStreet's earnings coverage for more on State Street's results.