Stocks are moving higher in midday trading as investors respond to strong earnings from U.S. companies.
Nike rose 5 percent and Darden Restaurants gained 3 percent Friday after reporting results that beat analysts' expectations.
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Energy companies rose more than the rest of the market as the price of oil turned higher.
The Dow Jones industrial average rose 180 points, or 1 percent, to 18,141 as of 11:45 a.m.
The Standard & Poor's 500 index rose 19 points, or 0.9 percent, to 2,108.
The Nasdaq composite rose 42 points, or 0.9 percent, to 5,034. The Nasdaq is within 14 points of its dot-com era peak.
Crude oil rose $1.41 to $46.95 a barrel in New York.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.94 percent.