Technology companies helped lift stocks on Wall Street to a record high Friday.
Apple and Intel soared about 2%. The S&P 500 rose 0.8% for its third straight weekly gain. The Dow Jones Industrial Average gained 0.9%, setting its own record high. The Nasdaq composite gained 0.5%. Levi Strauss shares jumped after the jeans maker posted strong first-quarter results.
Stocks have been edging higher most of the week as investors remain cautiously optimistic about economic growth and progress against the pandemic.