英语文摘：U.S. stocks rise on positive data, but still post weekly loss

Bank of America shares slipped 2.36 percent after the largest U. S. bank by asset reported a profit that missed market estimates due to mortgage-related losses.

Internet giant Google also released earnings for the first quarter, which beat expectations. But its shares tumbled 8.26 percent, dragging the tech sector down, because investors focused on its 54-percent surge of cost. Moreover, Citigroup downgraded Google to "hold" and cut the price target to 650 dollars from 750.

India's No. 2 outsourcing company Infosys Technologies missed profit expectations as expenses, global uncertainty and a rising rupee squeezed margins. Its shares plunged 13.42 percent.

Next week will be one of the busiest weeks for earnings, with a number of Dow components and several banks and tech companies scheduled to report results.

In other markets, oil prices settled higher, with the U.S. benchmark rising 1.43 percent to close at 109.66 dollars a barrel and London Brent crude adding 1.19 percent to close at 123.45 a barrel. Gold climbed again to settle at 1,486 dollars an ounce, hitting a new record high.

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