India, Feb. 9 -- With technology stocks leading the charge, stocks moved mostly higher over the course of the trading session on Friday. The major averages extended a recent upward trend, with the S&P 500 closing above 5,000 for the first time ever.
The tech-heavy Nasdaq posted a standout gain, surging 196.95 points or 1.3 percent to 15,990.66 and continuing to close in the on the record highs set in November 2021.
The S&P 500 also climbed 28.70 points or 0.6 percent to 5,026.61, while the narrower Dow bucked the uptrend amid a pullback by Disney (DIS) and edged down 54.64 points or 0.1 percent to 38,671.69.
For the week, the Nasdaq shot up by 2.3 percent and the S&P 500 jumped by 1.4 percent. The Dow inched slightly higher.
The strengt...