Stocks are opening higher on Wall Street as the first week of corporate earnings season closes out with markets trading near record levels. The S&P 500 rose 0.3% in early trading Friday. The Dow Jones Industrial Average added 116 points, or 0.2%, and the Nasdaq composite added 0.4%. A handful of regional U.S. banks reported their earnings following mixed reports from their larger peers. Pittsburgh’s PNC jumped after it beat Wall Street’s fourth-quarter targets, but Regions Financial fell after reporting results that missed forecasts. Crude oil prices rose about 1% after dropping sharply on Thursday. Treasury yields moved higher in the bond market.
