Oil move: The price of oil declined after the Energy Information Administration reported that U.S. crude supplies continued to rise last week, and energy stocks followed Friday. Transocean, the offshore oil rig company, fell 4.7 percent to $13.60 and Halliburton fell 2 percent to $40.18. Denbury fell 4 percent to $7.31.
Dollar rally: Big export companies slid Friday as the dollar continued to strengthen against foreign currencies. General Electric dropped 1.4 percent to $25.04; Caterpillar retreated 1.2 percent to $79.23.
Banks rise: Morgan Stanley led a financial stocks rally Thursday after the Fed approved their plans to raise dividends and buy back shares. Morgan gained 6.1 percent as it also announced a stock buyback and dividend raise. Its shares closed the week at $36.35.
Intel drop: Intel cut its revenue forecast for the first quarter, citing weak demand for business desktop PCs and a strong dollar, which diminished revenue from overseas sales. Intel’s stock slumped 4.7 percent Thursday, and closed at $30.93 at week’s end.
Apple outage: Apple fell 1.4 percent Wednesday after its iTunes and app stores suffered a rare outage. Earlier in the week, Apple announced new details about its Apple Watch and MacBook products. Its shares closed at $123.54 for the week.
Handbag trouble: Vera Bradley, a handbag and accessories company, plunged 16 percent Wednesday when the company reported fourth-quarter results below analysts’ estimates. Its updated outlook for the fiscal 2016 also disappointed. Shares ended the week at $15.25.