S&P 500 rises, but registers weekly loss | Carvana layoffs | Best-performing stocks this week

The three indexes ticked higher Friday, but faced losses for the week.

VIEW IN BROWSER | SUBSCRIBE FRI, NOV 18, 2022 EVENING BRIEF AS OF FRI, NOV 18, 2022 • 05:00 ET DJIA +% + S&P 500 +% + NASDAQ +% + Most Active DOW NAME LAST CHG %CHG AAPL 151.29 +0.57 +0.38% CSCO 47.79 +1.20 +2.58% MSFT 241.22 -0.46 -0.19% S&P 500 NAME LAST CHG %CHG TSLA 180.19 -2.98 -1.63% AAPL 151.29 +0.57 +0.38% AMD 73.57 -0.33 -0.45% NASDAQ NAME LAST CHG %CHG TSLA 180.19 -2.98 -1.63% AAPL 151.29 +0.57 +0.38% AMD 73.57 -0.33 -0.45% EDITOR'S NOTE Stocks ticked higher in the final hour of trading after a fairly muted Friday as investors digested retailers' earnings and a slew of messages from Federal Reserve officials.   All of the major averages ended the day on a positive note, with the Nasdaq Composite eking out just a 0.01% gain. The three of them also posted losses for the week (albeit slightly for the Dow, which lost 0.01% for the week) but remain on track for winning months.   Investors reflected on the strength of the recent bear market rally, which was first sparked last week with the October consumer price index reading, and reassessed their optimism around the possibility of slowing inflation. Following the recent better-than-expected prints for CPI and wholesale prices, traders were hung up on messaging from Federal Reserve officials, who were less impressed with the figures. On Friday, Boston Fed President Susan Collins said the recent data doesn't affect her view on rate hikes.   Investors were also watching earnings reports, cheering the latest results from Ross Stores and Gap, which finished the day up 9.8% and 7.5%, respectively. Ross was the top gainer in the S&P 500.   Elsewhere, energy was one of two losing sectors in the broad-market index, finishing the day down 0.9% as oil prices slipped. Tanaya Macheel | Markets and Investing Reporter @tanayamac Watch our live stream for all you need to know to invest smarter. TOP NEWS  S&P 500 closes higher on Friday, but ends week with losses After Twitter planned to close offices for the day, Elon Musk asks engineers to come in Carvana lays off 1,500 employees following stock free fall Attorney General Merrick Garland names Jack Smith special counsel in Trump criminal probes Fed's Collins expresses hope that inflation can be tamed without hitting jobs This week's best performers include several retail stocks and one exchange operator Taylor Swift slams 'outside entity' over ticket fiasco: 'I'm not going to make excuses for anyone' Bahamas regulators confirm they're holding some of FTX's assets Democrat Frisch concedes to MAGA Republican Boebert in tight race for Colorado House seat Flu variant that hits kids and seniors harder than other strains is dominant in U.S. right now TOP VIDEO How to play the bond market ahead of a recession, with JPMorgan's Bob Michele CNBC PRO Credit Suisse calls this group the ultimate 'refuge from stormy seas' with a recession ahead SPECIAL REPORTS Employers are planning pay increases of 4.6% in 2023, slightly above this year's 4.2%, study shows Buyers need a six-figure income to afford a 'typical' home, report finds. Here's how to reduce the cost Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS