The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite ( ^IXIC) was up nearly 0.3%.

Stock market today ended on a strong note as Nasdaq, S&P 500, and Dow Jones closed higher, led by Apple’s strong earnings and tech sector gains. Apple’s stock surged, boosting investor confidence, while inflation data signaled stability.

U.S. equity futures moved higher in early Friday trading, with the dollar on pace for its best week in seven, as markets found support from another solid set of tech earnings while waiting for a final word from the White House of the first round of tariffs from President Donald Trump.

Palantir Technologies (NASDAQ: PLTR) was one of the hottest artificial intelligence stocks on the market last year. Ives recently raised his 12-month target price to $90 per share, citing confidence in the company's artificial intelligence strategy. Ives thinks Palantir could be the next Oracle, a software company worth $515 billion.

The S&P 500 has gained about 3% while China's CSI 300, which has been closed toward the end of the month due to new year's celebrations, has lagged other indexes. U.S. stock market futures higher traded higher on Friday,