Eli Lilly, Apple are among 12 portfolio stocks reporting in week ahead

The major U.S. stock indexes closed higher for the week, with the S & P 500 and Nasdaq Composite breaking multiweek losing streaks. Earnings drove the action, despite some less-than-ideal macroeconomic reports on economic growth and inflation. Meta Platforms ‘ report gave the market a bit of a scare Wednesday night, contributing to Thursday’s declines alongside a weaker-than-expected first-quarter GDP estimate . The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . The importance of these reports cannot be overstated. They matter not only because the companies’ large market values…