Stocks, Commodities, Euro Gain on Earnings, German Data

Stocks extended a weekly advance after earnings beat estimates at companies including General Electric Co. and Microsoft Corp. and German business confidence unexpectedly improved. Commodities gained and the euro strengthened while Treasuries were little changed.

The Standard & Poor’s 500 Index climbed 0.1 percent at 4 p.m. in New York, paring a gain of as much as 0.8 percent as Bank of America Corp. slumped and Apple Inc.’s retreat since April 9 grew to 9.9 percent. The Dow Jones Industrial Average added 65.16 points. The Stoxx Europe 600 Index rose 0.5 percent and the euro appreciated 0.6 percent to $1.3212. Oil added 0.8 percent to $103.05 a barrel. Ten-year Treasury yields were little changed at 1.96 percent after gaining three basis points.