U.S. stocks open higher as Wall Street banks kick off third-quarter earnings results

U.S. stocks opened higher on Friday, as Wall Street banks kicked off earnings results for the third quarter. The Dow Jones Industrial Average
DJIA,
+0.24%
was up 0.5% soon after the opening bell, while the S&P 500
SPX,
-0.10%
gained 0.5% and the Nasdaq Composite
COMP,
-0.57%
rose 0.3%, according to FactSet data, at last check. Citigroup Inc.
C,
+2.42%
on Friday reported third-quarter profit that topped expectations, while JPMorgan Chase & Co.’s
JPM,
+2.76%
results and Wells Fargo & Co.’s
WFC,
+3.64%
earnings also beat analysts’ estimates. All three major stock benchmarks were on track for weekly gains.