NEW YORK (March 22, 2013)--U.S. stock markets closed higher Friday, buoyed by strong earnings reports from companies such as Nike.
The Dow Jones industrial average was up 90 points, or 0.6 percent, to end the day at 14,512 Friday.
The Standard & Poor's 500 Index rose 11 points, or 0.7 percent, to end at 1,556.
The Nasdaq rose 22 points, or 0.7 percent, to close at 3,245.
Nike reported a surge in quarterly profit, and its stock was the top gainer in the S&P 500.
Tiffany topped earnings predictions, boosted by demand from customers in Asia.
Advancing stocks led declining stocks on the New York Stock Exchange, with advancers totaling 1,859 and decliners at 1,090.