Energy stocks also fell as crude oil prices headed lower. The Standard & Poor's 500 index gained 5 points, or 0.2%, to 2,275. Three major U.S. banks reported quarterly results early Friday that beat Wall Street's forecasts. Hong Kong's Hang Seng index gained 0.5%. South Korea's Kospi fell 0.5%, while Australia's S&P/ASX 200 slumped 0.8%.

Source: Los Angeles Times January 13, 2017 15:01 UTC