Big tech names will dominate market movements on Friday, with continuation of Greece debt talks and just one economic data point expected.
"Overall, companies have not been as disappointing as the initial expectations and that's giving the market a boost," said Quincy Krosby, market strategist at Prudential Financial. "That said, we are keeping a close eye on revenue because that is a key barometer."
As Wall Street approaches the midpoint of the earnings season, investors have cheered the fact that the bulk of reports have met estimates. In fact, 134 companies out of 187 reports so far have beat expectations, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.