US stocks traded higher on Friday, with both the S&P 500 and the Nasdaq rising 0.2% to reach fresh record highs, while the Dow Jones added nearly 200 points. Gains were broad-based across sectors, with energy the only notable laggard. Despite recent volatility, equities are on track to finish the week with modest gains, up 0.3% for the S&P 500 and 1.1% for the Nasdaq, while the Dow Jones is poised to close 0.9% lower. Traders remain cautious, awaiting new catalysts while digesting corporate updates and preparing for the upcoming earnings season, amid the ongoing federal government shutdown and a lack of fresh economic data. Attention now turns to the release of the preliminary Michigan consumer sentiment figures later today. Among individual movers, Tesla, JPMorgan, and Oracle each gained over 1%. Qualcomm slipped 1% following reports of an antitrust probe in China, while Intel rose 2% after unveiling its new Panther Lake processors.