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New York - US stock markets reversed two days of losses, opening higher Friday after Google and GE both turned in strong results for 2010.
At 1515 GMT the Dow Jones Industrial Average was up 64.48 points (0.55%) to 11 886.60, while the broad-market S&P 500 index rose 8.42 points (0.66%) to 1 287.20
Meanwhile the tech-rich Nasdaq rose 13.88 points (0.51%) at 2 718.17.
Bank of America's fourth quarter loss of $1.2bn reported before trading opened failed to dampen investors' spirits.
Excluding the fourth-quarter $2.0bn charge related to its mortgage business, the largest US bank said it would have earned a profit of $756m in the October-December period.
Band of America's shares were up 0.28%.
Google shares jumped 1.44% after reporting a strong $2.54bn net profit for the fourth quarter late Thursday and announcing that company co-founder Larry Page would replace Eric Schmidt as chief executive.
Meanwhile GE shares climbed 5.5% after the company announced 2010 profit jumped to $12.6bn, up 15.6% from $10.9bn in 2009.
The bond market rose after a fall on Thursday.
The yield on the 10 year Treasury bond fell to 3.455% against 3.459% late Thursday. The 30-year was at 4.619% compared to 4.622% earlier.
