The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boosted by an earnings-driven jump in Netflix shares and broader gains across technology stocks.

All three major Wall Street benchmarks also comfortably secured a sixth straight weekly gain, their longest weekly winning streaks since late 2023.

The Dow Jones rose 0.09 percent s to close at 43,277. The S&P gained 0.4 percent to end at 5,864, while the Nasdaq rose 0.63 percent, to 18,488.

Shares of Netflix jumped 11.1 percent to a record closing high after the streaming giant topped Wall Street estimates for subscriber additions and said it expected continued growth through the end of the year.

Many of the so-called Magnificent Seven tech stocks, which have driven much of Wall Street's rally this year, rose.

Apple gained 1.2 percent after data showed a sharp increase in new iPhone sales in China, while chip heavyweight Nvidia advanced 0.8 percent after BofA Global Research hiked its price target on the stock.

Netflix's increase lifted the communication services sector 0.9 percent, making it the largest gainer among the 11 S&P 500 sectors, while information technology rose 0.5 percent.

"It's kind of the 'what's not to like' market," said David Waddell, chief executive of Waddell & Associates, citing positive economic data, disinflation and upbeat earnings and forecasts from corporate America. (Reuters)