The 30-stock index jumped 76.67 points to pause for lunch Friday at 35,301.85. The Dow is on pace for its 10th straight day of gains, a feat not seen for the key index since August 2017.
The S&P 500 forged ahead 12.3 points to 4,547.17.
The NASDAQ index was positive 13.15 points to 14,076.16.
Traders were still eyeing more corporate earnings after a busy week of quarterly results. Transportation giant CSX fell 5% on the back of underwhelming results. American Express, meanwhile, fell 3.6%.
Corporate earnings have been mixed thus far. Seventy-five percent of S&P 500 companies that have already reported exceeding analysts’ expectations, according to FactSet data. However, that beat rate is below a three-year average of 80%, according to The Earnings Scout.
Trading is likely to be volatile Friday as portfolio managers recalibrate their funds to account for an unusual NASDAQ rebalance taking effect Monday. A large volume of index and stock options are also expiring Friday.
Prices for the 10-year Treasury gained slightly, lowering yields to 3.83% from Thursday’s 3.85%. Treasury prices and yields move in opposite directions.
Oil prices regained 88 cents to $76.53 U.S. a barrel.
Gold prices dropped $8.10 to $1,962.80 U.S. an ounce.