Dow Jones Industrial Average index traded higher on Friday as strong earnings reports offset the downside effects from Spain's downgrade and lower GDP data. Blue chip index added 0.18% or 23.69 points and closed at 13,228.31. On the upside McDonald's soared 1.6% and Cisco system climbed 1.9%. Procter & Gamble lost 4% after consumer products manufacturer said its profit dropped by 16% in the first quarter of the year citing higher costs for restructuring and raw materials.