U.S. stocks closed higher on Friday, with the Nasdaq setting its second record as investors cheered major earnings reports.
he Nasdaq Composite set its first record close in 15 years on Thursday, topping the previous high from March 2000. The S&P 500 also touched a new intraday high, while the Dow attempted to shake off a decline as its top-weighted stocks lagged.
Durable goods, ex-transportation, fell 0.2 percent, below expectations for a slight gain but less than February's 1.3 percent decline.
Including transportation, which tends to be volatile, the report posted an increase of 4 percent for March, surpassing expectations for a moderate bounce back, after February's disappointing 1.4 percent month-on-month drop.
With no other economic data expected, major stocks moving the market higher included Microsoft, Google, Amazon.com, and Starbucks, which reported earnings after the bell on Thursday.
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