Closing Bell

The Dow Jones industrial average rose for a third straight week, capping a two-month period in which the index has ended 7 out of 8 weeks higher than where it started. Stocks ended on a mixed note Friday at the close of a busy week of earnings news. The Dow finished slightly down, while the broader Standard and Poor's 500 index and the technology-focused Nasdaq both ended with gains. The dollar rose slightly against other major currencies, but still remains near a 15-year low against Japan's yen. It's also near its lowest level of the year against the euro. The yield on the 10-year Treasury note rose slightly to 2.57 percent from 2.54 percent late Thursday. Bond yields move in the opposite direction of prices. The market continues to respond to the US dollar, and as it declines then stocks and commodities rise, and vice versa. That inverse relationship continues to be the trading catalyst. However, the market has been vertical since QE1 as the US dollar is devalued, which all means inflated asset prices, which we obviously have in stocks and commodities.