US STOCKS SNAPSHOT-S&P 500 gains as bank earnings start strong

Last Updated: Sat, Jan 14, 2017 02:40 hrs

NEW YORK, Jan 13 (Reuters) - The S&P 500 rose on Friday after major U.S. banks kicked off the fourth-quarter earnings season with strong results, making investors more confident about heady valuations after a recent market rally, while the Nasdaq closed at a record.

The Dow Jones Industrial Average fell 5.34 points, or 0.03 percent, to 19,885.66, the S&P 500 gained 4.2 points, or 0.18 percent, to 2,274.64 and the Nasdaq Composite added 26.63 points, or 0.48 percent, to 5,574.12. (Reporting by Noel Randewich; Editing by Nick Zieminski)

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