Stocks end higher on Wall Street, still post weekly losses

By ALEX VEIGA
AP Business Writer

Stocks ended higher on Wall Street Friday but not enough to erase the market’s losses from earlier in the week. The S&P 500 added 0.8% but still posted a weekly loss after two weeks of gains. The benchmark index set a record high on Monday. Trading was mostly subdued with earnings reporting season winding down for U.S. companies and relatively few economic reports. Ross Stores fell 2.7% after issuing a full-year forecast that fell short of Wall Street’s expectations, while Foot Locker jumped 7.3% after blowing past analysts’ forecasts. The yield on the 10-year Treasury note rose to 1.26%.