U.S. stocks finished higher on Friday, driven by strong gains from Big Tech stocks like Meta Platforms Inc., Amazon.com Inc., Microsoft Corp. and Nvidia Corp.

The S&P 500 and Dow Jones Industrial Average logged fresh record closing highs, their seventh and ninth of the year, respectively, while the tech-heavy Nasdaq Composite logged a fresh 52-week closing high.

The Nasdaq jumped 1.7 percent, while S&P gained one percent. Dow Jones Industrial Average rose 0.3%.