(CNBC) U.S. stocks closed mixed on Friday, posting a loss for the week, as investors digested earnings reports and awaited resolution on the Greece debt talks. ( Tweet This )
"I think overall in spite of Nike's good earnings... the stock market, especially the large caps, are just not ready to break out here," said Marc Chaikin, CEO of Chaikin Analytics.
The Dow Jones industrial average closed 56.66 points higher after briefly gaining more than 100 points. Leading blue chips, Nike ended more than 4 percent higher at a record following a strong earnings report.
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