Stocks had a turbulent early Friday but rallied to notch substantial gains even after weak results in a national survey of consumer sentiment. The broad surge pushed up most exchange-traded funds as well.

The Dow Jones Industrial Average rose 73 points to 10270. The Nasdaq was up 19 at 2168 and the S&P 500 climbed 6 to 1093.

The Reuters/University of Michigan preliminary sentiment index for November fell short of expectations, blunting early gains on major indexes. The index , which fell to 66.0 from 70.6 in October, had been expected to instead rise to 71, according to a consensus forecast.

The U.S. trade deficit reached $36.5 billion in September, and the trade gap with China reached its highest level in nearly a year.

That figure, representing the U.S. deficit in international trade of goods and services, is 18.2% higher than the revised $30.80 billion trade deficit the U.S. ran in August, the Commerce Department reported Friday.

Economists surveyed by Dow Jones Newswires had expected the September deficit would widen to just $32 billion.

As of 4:02 p.m. Friday, front-month crude futures contracts traded on the Nymex were down 49 cents at $76.45 a barrel. For a detailed rundown on Friday s trading session see our market story.

Winners

The Vanguard REIT Index fund (VNQ) gained 4.9% for the week, bolstered by an improved outlook for the sector. The iShares MSCI Mexico Investable Market Index (EWW) fund picked up 4.6% for the week as emerging markets rallied.

Losers

Volatile energy price moves dropped shares of the United States Natural Gas fund (UNG) 4.2% for the week. The United States Oil fund (USO) lost 3.1%. The Short S&P 500 ProShares fund (SH) dropped 1.6% for the week.

This Week s Industry News

Data Point
said in its October Exchange Traded Fund snapshot that assets in the U.S. ETF industry declined by $5.3 billion, an 0.8% drop for the month. As of Oct. 30, there was about $689 billion invested in 779 ETFs run by 29 managers. Investments in fixed-income funds climbed to nearly $94 billion, a gain of 3.3% for the month. International ETFs are now the largest single category with $166 billion. The S&P 500 fell about 1.9% in October and the MSCI EAFE gained 1.2%.

Launching Pad
Van Eck Global launched its Market Vectors Junior Gold Miners (GDXJ) fund, which began trading Wednesday on the New York Stock exchange. The fund is linked to a basket of juniors small- and midcap mining companies developing new sources of gold, either through greenfields exploration or the use of new geologic models to prospect in overlooked or abandoned properties. The fund charges an annual expense ratio of 0.6%.

Next Week s Notebook

Earnings and Conference Calls

Monday
ADA ES, American Defense Systems, Assured Guaranty, Avantair, Axion Power International, Document Security Systems, DRI, Encorium Group, Energy Focus, Flamel Technologies, Franklin Covey, Genta, GigaMedia, Gilat Satellite Networks, Hastings Entertainment, Hexion Specialty Chemicals, iPayment, Longtop Financial Technologies, Lowe's Companies, Medis Technologies, Misonix, Napco Security Systems, OSI Restaurant Partners, Pacific Sunwear of California, Palatin Technologies, Pegasus Solutions, Perfect World, ReneSola, River Rock Entertainment, Simcere Pharmaceutical Group, SINA, Sparton, Spreadtrum Communications, Starwood Property Trust, StockerYale, Telkonet, The Allied Defense Group, TLC Vision, U.S. Dataworks, Verisk Analytics, ViewCast, Wegener, WidePoint, WuXi PharmaTech, ZST Digital Networks

Tuesday
Acorn International, Astro-Med, Autodesk, Brookstone, Canadian Solar, China Distance Education Holdings, China Precision Steel, Concur Technologies, Covidien, Edap TMS, E-House (China) Holdings, Home Depot, Jacobs Engineering Group, Jinpan, Keithley Instruments, La-Z-Boy, Mitsubishi UFJ Financial Group, NetEase.com, Planar Systems, Purecycle, Retalix, Saks, Salesforce.com, Solarfun Power Holdings, Sypris Solutions, Target, TJX Companies, Uluru, VanceInfo Technologies, Wuhan General

Wednesday
AltiGen Communications, Aramark, BJ's Wholesale Club, Chico's FAS, China Sunergy, Cyberonics, Destination Maternity, Donaldson, Elbit Systems, Gymboree, Hot Topic, Jack in the Box, Limited Brands, NetApp, Perry Ellis International, PetSmart, Phillips-Van Heusen, Semtech, ValueVision, Woodward

Thursday
ActivIdentity, ADC, Aruba Networks, Bon-Ton Stores, Brady, Casual Male Retail Group, China Medical Technologies, Chordiant Software, Datawatch, Dick's Sporting Goods, Ditech Networks, Dress Barn, Foot Locker, Gamestop, Gap, Griffon, Helmerich & Payne, Hibbett Sports,Intuit, Kulicke & Soffa, MTS Systems, National Grid, New York & Company, Patterson Dental, Raven Industries, Ross Stores, Sally Beauty, School Specialty, Sears Holdings, Shoe Carnival, Stage Stores, Stein Mart, Suntech Power Holdings, Sycamore Networks, The Buckle, The Cato Corporation, The Children's Place Retail Stores, The Wet Seal, Trans World Entertainment, TransDigm Group, Trina Solar, TTI Telecom, Verigy, Williams-Sonoma, Zumiez

Friday
America's Car-Mart, AnnTaylor Stores, D.R. Horton, J. M. Smucker, Kirkland's, Met-Pro

Economic Data

Monday
8:30 a.m. Retail Sales
8:30 a.m. Empire State Manufacturing Survey
10:00 a.m. Business Inventories

Tuesday

7:45 a.m. ICSC-Goldman Store Sales
8:30 a.m. Producer Price Index
8:55 a.m. Redbook
9:00 a.m. Treasury International Capital
9:15 a.m. Industrial Production
1:00 p.m. Housing Market Index

Wednesday
7:00 a.m. MBA Purchase Applications
8:30 a.m. Consumer Price Index
8:30 a.m. Housing Starts
10:30 a.m. EIA Petroleum Status Report

Thursday
8:30 a.m. Jobless Claims
10:00 a.m. Leading Indicators
10:00 a.m. Philadelphia Fed Survey
10:30 a.m. EIA Natural Gas Report
4:30 p.m. Fed Balance Sheet
4:30 p.m. Money Supply

Friday
No major economic indicators scheduled