The blue-chip index hurtled 144.43 points to 39,532.19, putting the 30-stock index on track for its seventh consecutive positive day for its longest winning streak of 2024.
The S&P 500 progressed 12.95 points to 5,227.03.
The NASDAQ rocketed 63.39 points to 16,366.79.
3M was the Dow’s best performer, as shares of the manufacturer rose about 1.5% on the back of an upgrade from HSBC.
The Dow enters Friday riding a seven-day winning streak, its longest since a nine-day run seen in December. The S&P 500 also advanced Thursday, closing above 5,200 for the first time since early April.
Stocks are on pace for a winning week. The Dow has gained 2.3%. The S&P 500 gained 2.1%, and the Nasdaq was higher by 1.6%.
Prices for the 10-year Treasury sagged, raising yields to 4.49% from Thursday’s 4.46%. Treasury prices and yields move in opposite directions.
Oil prices grew 37 cents to $79.63 U.S. a barrel.
Gold prices hiked $37.50 to $2,376.00.