The Dow Jones industrial average jumped 53.29 to 6,471.76, its 10 record close in 13 sessions, quickly erasing a 12-point loss yesterday, which was just the third down day this month for the blue-chip barometer.
Advancers led decliners by an 11-to-7 margin on the New York Stock Exchange, with 1,535 up, 976 down and 817 unchanged. NYSE volume was 525.21 million shares, vs. 464.43 million yesterday.
Broader measures also rallied to new highs. The technology-rich Nasdaq composite index rose by more than 1 percent, setting a new high for the first time in a week.
The Standard & Poor's 500-stock index rose 5.95 to 748.70, and the NYSE's composite index rose 2.41 to 394.66. It was the third record high for both measures this week.
The Nasdaq composite index jumped 16.16 to 1,274.24. The American Stock Exchange index gained 3.01 to 590.77.
"Technology stocks are rocking and rolling and that's the main motivator," said Alfred E. Goldman, vice president at A.G. Edwards & Sons Inc. in St. Louis. "We are in a very powerful bull market."
Leading the technology sector's climb was Applied Materials, which surged as the most active Nasdaq issue. Several brokerages upgraded the company, a leading manufacturer of equipment to make semiconductors, which late Thursday reported earnings that met expectations.