Dollar poised to snap fiveweek streak of declines
Oil climbs but still set for weekly loss
MSCI index on track for weekly fall

SINGAPORE, April 21 Reuters A gauge of global stocks was lower for a third straight session on Friday, as investors digested the latest round of corporate earnings, while longerdated U.S. yields fell on growing concerns about a Federal Reserve poised to hike interest rates in a slowing economy.

On Wall Street, the SP 500 held near the unchanged mark, with the consumer staples sector, up 0.62, as Procter Gamble climbed 3.54 as the maker of products such as toothpaste and laundry detergent beat quarterly estimates and raised its sales outlook.

But the materials sector was weak, down 1.25, as Albermarle stumbled 4.65 after Chile announced plans to nationalize its lithium industry.

Of the 88 SP 500 companies that have reported quarterly earnings through Friday, 76.1 have topped expectations, according to Refinitiv data, well above the 66 average since 1994 and slightly better than the 74 over the past four quarters.

Earnings are expected to decline 4.7 from the yearago period, an improvement from the 5.1 decline seen on April 1.

Investors are OK with earnings so far because the lack of bad news is good news, said Adam Sarhan, chief executive of 50 Park Investments. The market is waiting to see if we can get some bullish earnings over the next few weeks from some of the bigcap tech stocks.

The Dow Jones Industrial Average fell 73.29…