P&G earnings lift stocks; S&P set for 8-day win streak
NEW YORK (Reuters) – Stocks advanced on Friday as Procter & Gamble’s earnings offset softer-than-expected housing numbers and kept the Standard & Poor’s 500 Index on track for its longest winning streak in more than eight years. Procter & Gamble shares rose 3. 7 percent to $73. 04 and gave the biggest boost to both the Dow and S&P 500 after the world’s top household products maker’s quarterly profit soared past expectations. The company also raised its sales and earnings outlook for the fiscal year. But the stock market’s gains were curbed after economic data showed new U. S. . . .
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