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U.S. stocks were mixed at midday, amid ongoing concerns about fuel supplies and mixed earnings reports.
Mixed earnings reports also weighed on stocks.
See articleBig oil companies reported mixed earnings.
Retail companies reported mixed earnings results before the market opened.
Markets fell Thursday amid lackluster economic reports and mixed earnings forecasts.
Energy and materials companies helped indexes move up, though mixed earnings reports from retailers tempered gains.
Netflix shares dropped about 4percentt in regular trading Friday after a mixed earnings report Thursday night.
Stock indexes inched up slowly in morning trading as investors tried to make sense of mixed earnings reports.
"Considering where oil is and the mixed earnings we've had, I think the market's holding in there valiantly," said Joseph Battipaglia, chief investment officer at Ryan Beck & Company.
Two of the nation's biggest banking companies, the BankAmerica Corporation and the First Union Corporation, reported mixed earnings yesterday for the fourth quarter.
A batch of mixed earnings reports on Friday helped push the stock market to its first day of losses this week.
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