Summary Box: Strong earnings push stocks higher

AP News
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Posted: Apr 20, 2012 4:48 PM
Summary Box: Strong earnings push stocks higher

STRONG FINISH: Rising profits from Microsoft, McDonald's and other major U.S. corporations lifted stocks Friday. The Dow Jones industrial average and the Standard & Poor's 500 index had a winning week for the first time this month.

MICKEY D'S: McDonald's posted better quarterly profits, buoyed by warm weather and sales of Chicken McBites and oatmeal. Sales picked up in Europe, McDonald's' biggest market, despite economic turmoil.

OVER THERE: In Europe, Germany's DAX rose 1.2 percent, and other European stock indexes were slightly higher. A closely watched survey in Germany, the continent's economic powerhouse, showed business optimism rising for the sixth straight month.