Friday’s session closed with gains. Travelers, American Express and McDonald’s stood out among advancers on the Dow. McDonald’s stepped up following the release of favorable earnings. The fast-food titan said profit rose 8.6 percent in the third quarter. Net income hit $1.51 billion, or $1.45 a share, up from $1.39 billion, or $1.29, a year earlier. Meanwhile, General Electric reported an 18 percent increase in third-quarter profit. Net income jumped to $2.34 billion, or 22 cents per share, compared with $1.98 billion, or 18 cents, a year earlier. Elsewhere, crude oil tacked on $1.33 to settle at $87.40 a barrel.
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