The Dow Jones Industrial Average finished higher on Friday, and shares of Alcoa Inc. rose after its board declared a regular quarterly dividend of 17 cents per share.
Alcoa, which extended Thursday's gains, rose $1.06, or 3.1 percent, to $35.48.
The Dow rose 17.64 to 13,442.52.
General Motors Corp. rose 93 cents, or 2.8 percent, to $34.22, as some analysts were upbeat on benefits the Detroit Three could see if they agree to establish a Voluntary Employees Beneficiary Association with the United Auto Workers union.
Negotiations were under way Friday afternoon, ahead of the midnight deadline to agree on a new contract.
McDonald's Corp. gained $1.15, or 2.1 percent, to $55.45, extending gains from Thursday when the stock hit an all-time high after announcing the largest dividend increase in history.
On the losing side, American Express Co. declined $1.66, or 2.7 percent, to $58.94, after a Merrill Lynch analyst reportedly downgraded the credit card issuer.
Intel Corp. declined 42 cents to $24.93, also on a Merrill Lynch downgrade.
AT&T Inc. declined 33 cents to $40.44.(NEW YORK (AP))
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