U.S. Stocks Open Higher, Still On Track For Weekly Losses

U.S. stocks opened higher on Friday, aided by a jump in oil prices and better-than-expected retail sales data. The main indexes, however, were on track for weekly losses after four consecutive days of losses this week. The S&P 500 opened 15 points, or 0.7%, higher at 1,845. The Dow Jones Industrial Average was up 100 points, or 0.7%, at 15,766 shortly after the open. Meanwhile, the Nasdaq Composite began the day up 40 points, or 1%, at 4,307.