"Bank Earnings Propel Dow Higher in Winning Week: Key Takeaways for JPMorgan, Wells Fargo, and Citi"

Stocks finished mixed on Friday, with the Dow Jones Industrial Average gaining about 0.3% after upbeat earnings reports from JPMorgan and Wells Fargo lifted bank stocks. The S&P 500 and Nasdaq closed slightly below the flatline. The major averages ended the week higher as positive economic data and strong earnings boosted investor confidence. In other news, Hollywood is facing a double strike by actors and writers, which could disrupt major media companies' production pipelines. Disney CEO Bob Iger suggested selling the company's traditional TV assets, but analysts question who would be interested in buying given the decline of linear television networks. Additionally, UBS upgraded Microsoft stock, predicting a recovery in cloud demand, while AT&T stock hit a 20-year low following a downgrade from JPMorgan. Consumer sentiment in the US reached its highest level in almost two years, according to the University of Michigan's latest reading.