Market diary.

Positive earnings reports and an as-expected interest rate hike by the Federal Reserve Board led stocks up for the week ended Feb. 2. The S&P 500 showed the greatest gains with an increase of 1.6 percent. The Dew Jones Industrial Average was up 0.9 percent; the Nasdaq Composite Index, up 1.4 percent. Local stocks in the LABJ 200 ticked upward at a slight 0.8 percent. The software and apparel industries saw the strongest local improvements, at 8.7 and 6.8 percent, respectively. Advancers led decliners 130-63, with seven unchanged. Among local stocks, 22 companies hit 52-week highs, while five hit new lows. Among the highs were Walt Disney Co., which announced better-than-expected first quarter earnings, and Mattel Inc., which reported a 33 percent increase in fourth quarter earnings on the strength of sales of Barbie dolls. Skechers USA Inc. had one of the biggest increases, up 11.2 percent to close at $15.29 per share, after projecting better-than-expected fourth-quarter revenue. Losers included Salem Communications Corp., whose stock hit an all-time low of $22.21 per share.