Stocks wrapped up the last full trading week of the year with the biggest weekly gain in nearly two years for the S&P 500.
Basic materials are leading the gains as stocks advance modestly in midday trading Friday after surging in the past 2 sessions.
Twitter (TWTR) initiated, Facebook (FB) gets a price target boost and Apple (AAPL) exceeds estimates in Friday's Analysts' Actions.
Not much is expected on economic data on this last full trading day of the year but earnings reports are moving stocks.
The blue chips rocketed to close more than 400 points higher on Thursday.
Stocks climbed higher in midday trading Thursday, a day after the Federal Reserve said it can be 'patient' about when it will make the first rate hike.
American Express (AXP) and Coach (COH) are initiated while Corning (GLW) gets an upgrade in Thursday's Analysts' Actions.
Stocks surged out of the gate at Thursday's opening bell as investors look to extend Wednesday's rally after closing on its best day of the year.
A rally on Wall Street had the Dow Jones Industrial ending on its best day of the year on Wednesday.
Stocks rallied on Wall Street in midday trading Wednesday as oil prices finally move higher. The Dow was up triple digits.