Wall Street markets saw positive gains supported by a surge in Nvidia shares and strong US (US) jobs data.
The S&P and Nasdaq indices closed at their highest levels, recording a third weekly increase.
Nvidia shares also jumped 1.3%, pushing their market value to $3.89 billion - almost surpassing Apple as the world's most valuable company.
The S&P 500 index rose 0.83% to 51.94 points, the Dow Jones strengthened 0.77% to 344.11 points, while the technology-focused Nasdaq rose 1.02% to 207.97 points.
In other news, the US NFP employment report yesterday recorded an increase of 147,000 jobs in June, exceeding expectations of 110,000. The unemployment rate fell to 4.1%, better than the 4.3% forecast.
Meanwhile, the US House of Representatives has approved a massive tax plan proposed by President Donald Trump, which is expected to add $3.4 trillion to the national debt and undermine Americans' health insurance coverage.
Furthermore, tax cuts and government spending could stimulate economic demand and add to inflationary pressures as the economy shows signs of strength.
US stock market volume recorded $10.85 billion compared to a 20-day average of $17.82 billion.
