Stocks End Week on Upswing; Financial, Materials Shares Lead Late Rally

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Stocks turned back initial declines that followed a better-than-expected jobs report for October that some see increasing the odds of a Fed taper. Investors instead embraced another batch of strong earnings as good news, lifting the U.S. markets to a higher close. Nearly all industry sectors in the S&P 500 ended in the black, led by shares of financial and materials companies. Both the S&P and the Dow Jones Industrials indices were higher for the week, although the Nasdaq Composite finished lower for the second week in a row.



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