Wall Street climbs on strong Goldman earnings, retail sales data

Airlines, cruise operators jump on easing of US travel curbs; retail sales up 0.7% in September despite shortages

U.S. stocks rose on Friday and the main indexes were set for weekly gains after Goldman Sachs capped a strong earnings season for big banks, while a surprise rise in retail sales raised optimism about economic recovery.

Goldman Sachs gained 1.5% as a record wave of dealmaking activity drove a surge in the bank's quarterly profit.

Other big lenders including JPMorgan, Morgan Stanley and Wells Fargo rose between 0.6% and 2.9%. The banking index added 0.8%, tracking a rise in 10-year Treasury yields.

Ten of the 11 major S&P sectors advanced in early trading, with economy-sensitive energy, financials and industrials rising the most.

Strong