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Industrials on deck — What you need to know in markets on Friday

A busy week of earnings and big swings in the market will be capped off on Friday with an update on the industrial sector.

Earnings due out Friday morning include results from GE (GE), Honeywell (HON), Stanley Black & Decker (SWK), and Schlumberger (SLB). On the economic data side, we’ll get data on the U.S. manufacturing sector from Markit Economics as well as new home sales in the morning.

On Thursday, we saw a broad-based rally in the market after two straight down days. The rally lost a little bit of steam late in the day, however, following headlines that at least one police officer had been killing in a shootout in Paris just days before the first round of the French presidential elections on Sunday.

The day that was

Overall, Thursday was a positive day for markets.

According to Dave Lutz at JonesTrading, here’s what some traders were talking about during the action:

—The growth trade is back on, as Treasury yields rose and the...