NEW YORK, Oct 16, 2021 (BSS/AFP) - Wall Street stocks scored another

winning session Friday following good economic data and earnings, concluding
a positive week on a strong note.

  US retail sales posted a surprise 0.7 percent increase in September,
according to government data, pushed by broad gains that extended beyond
gasoline and autos.

  The better-than-expected report, coupled with strong earnings from Goldman
Sachs, lifted stocks further after major indices surged more than 1.5 percent
on Thursday.

  "The US economy has lost some luster, but demand appears resilient in the
face of lingering supply-chain disruptions," said Greg Daco of Oxford
Economics.

  "With the health situation having improved considerably over the past few
weeks, consumer spending is firming and high-frequency data points to an
acceleration in employment growth."

  The broad-based S&P 500 finished at 4,471.37, up 0.8 percent for the day
and about 1.8 percent for the week.

  The Dow Jones Industrial Average gained 1.1 percent to close at 35,294.76,
while the tech-rich Nasdaq Composite Index advanced 0.5 percent to 14,897.34.

  Among individual companies, Goldman Sachs jumped 3.8 percent after
reporting a 63 percent jump in third-quarter profits to $5.3 billion behind
robust gains in its financial advisory and trading divisions.

  The Goldman results capped a series of reports from other large banks that
reported higher profits amid improving macroeconomic conditions.