(CNBC) U.S. equities rose on Friday as investors placed bets on a strong holiday shopping season.
The S&P 500 hit record highs, rising 0.2 percent to 2,602.42 with information technology as the best-performing sector. Macy's was among the best-performing stocks in the index. The S&P 500 also closed above 2,600 for the first time.
The Nasdaq composite climbed 0.3 percent to 6,889.16, posting intraday and closing records as shares of Amazon gained 2.6 percent to a record.
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The Dow Jones industrial average rose 31.81 points to finish at 23,557.99, with Visa leading advancers on the 30-stock index. The Dow also closed near a record closing high.