Credit The Earnings

Leaders from Glossier, Shopify, Mastercard and more will take the stage at Brandweek to share what strategies set them apart and how they incorporate the most valued emerging trends. Register to join us this September 23–26 in Phoenix, Arizona.

U.S. stocks closed mixed Friday, as Wall Street finished the week higher after oil prices retreated from record highs. The Dow Jones industrial average gained 23 points, ending at 10,027. The Nasdaq was flat at 1,975. The week started out well for Madison Avenue. Industry stocks got a bounce on Tuesday after Omnicom and WPP reported strong third-quarter results, thanks to the Olympic Games and the election. In trading that day, Omnicom’s stock price rose more than 9 percent, to $79.44, its highest level in months. WPP climbed nearly 3 percent to $49.68, and IPG, which is releasing its numbers on Wednesday, benefited from its rivals’ good news, increasing 3 percent to $11.87. On the Big Board, for the week, Omnicom closed 8.8 percent higher at $78.90, and IPG rose 5.2 percent to $12.26. WPP, trading as American Depository Receipts on the Nasdaq, climbed 3.4 percent to $50.26.