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S&P 500 Climbs as Investors Look Past Chipotle, Starbucks Misses

Stocks were trending higher by late morning Friday as investors overlooked a series of disappointing earnings.

The S&P 500 was up 0.2%, the Dow Jones Industrial Average was flat, and the Nasdaq added 0.3%.

Wall Street capped off Friday with another flood of earnings releases in a week jam-packed with them. The earnings season is nearly a quarter of the way through. Many analysts expect the second quarter to act as a bottom following quarter after quarter of receding earnings, the worst streak since the...