Major US stocks closed in the green on Friday, after investors digested new economic data and parsed a slew of earnings releases from big banks. The Dow closed 0.3% higher and reported its best week since November. The S&P 500 added 0.4% while the Nasdaq 100 gained 0.7%, its longest winning rally since 2021. JPMorgan Chase, the US largest bank, kicked off the fourth-quarter earnings reporting season with upbeat results. However, the bank warned that it is setting aside $1.4 billion in anticipation of a mild recession. Also, Bank of America JPMorgan Chase, Wells Fargo, and Citigroup advanced. Meantime, Tesla declined 0.9% after slashing prices for its vehicles sold in the US. For the week, the Dow added 1.6%, while the S&P 500 and Nasdaq 100 added 1.7% and 3.1%, respectively.