The S&P 500 increased by 0.7% to 5,199.06, while the Nasdaq Composite surged by 1.7% to a new high of 16,442.20.
The Dow Jones Industrial Average, with its lesser focus on technology stocks, lagged behind, dipping slightly by less than 0.1% to 38,459.08.
Additionally, the yield on 10-year Treasury bonds edged up to 4.57% from 4.55% on Wednesday.
In Hong Kong, shares dropped at the start of trading on Friday as technology companies faced early sell-offs, despite a positive cue from Wall Street.
The Hang Seng Index fell by 0.68%, losing 116.33 points to 16,978.70. The Shanghai Composite Index remained stable, marginally rising by 1.33 points to 3,035.58, and the Shenzhen Composite Index on China’s second exchange saw minimal movement, decreasing by 0.60 points to 1,721.00.
In Tokyo, the stock market opened on a positive note, with the benchmark Nikkei 225 index climbing 0.65%, or 257.37 points, to 39,700.00 early in the session. The broader Topix index gained 0.50%, adding 13.77 points to reach 2,760.73.
