Shares of Facebook tumbled Friday after it announced an overhaul of its newsfeed, while United States stocks added to records following data showing higher retail sales in December.
Chevron rose 3.2 percent and Exxon 1.5 percent, helping the S&P energy index gain 2.24 percent and putting it on track for its best percentage gain in more than seven months.
The Nasdaq is up 124.50 points, or 1.7 percent.
"The fact all the big money center banks beat on the bottom line is a good omen for the rest of the earnings season", said William Lynch, director of investments at Hinsdale Associates, in Hinsdale, Illinois.
Trump goes for 1st medical checkup since becoming president
Haiti was among the nations to abstain at the United Nations rather than condemn Trump's change in policy over Jerusalem. Trump, the senators said, "brought everyone to the table this week and listened to both sides".
"Armenpress" reports the value of Dow Jones up by 0.89% to 25803.19 points, S&P 500 up by 0.67% to 2786.24 points, Nasdaq up by 0.68% to 7261.06 points.
The S&P 500 is up 43.09 points, or 1.6 percent.
Industrial companies that advanced included Dow members Caterpillar and Boeing which won 2.0 and 2.4 percent and Cummins, which advanced 1.9 percent. It closed at $1,305.20.
US stock indexes on Friday closed out what has been a stellar start to a calendar year for equity trading.
Anderson Cooper Chokes Up Discussing Haiti, Slams Trump's "Racist" Comments
The US President reportedly used that term during a meeting in reference to people from Africa and Haiti , according to CNN . "Mr. Three weeks ago, The New York Times reported that Trump had said Haitians "all have Aids" during a similar June meeting.
The index was dragged by a 4 percent fall in Facebook's shares after the company started changing the way it filters posts and videos on News Feed.
The Treasury move helped push the utilities sector.SPLRCU down 0.6 percent, making it the weakest performer of the S&P 500's 11 sectors.
Advancing issues outnumbered decliners on the NYSE by 2,103 to 762.
Benitez prepared to shelve any bid for top Toon stars
With the club's takeover looming in the background, Benitez still hasn't been told how much - if any - money he has to spend. Chelsea winger Kenedy is one target, but Antonio Conte is not yet ready to let the 21-year-old leave Stamford Bridge.