U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 300 points on Friday.

Following the market opening Friday, the Dow traded up 0.36% to 52,394.11 while the NASDAQ surged 1.31% to 25,450.24.

The S&P 500 also rose, gaining, 0.65% to 7,486.05.

Leading and Lagging Sectors Consumer discretionary shares jumped by 5.6% on Friday.

In trading on Friday, materials stocks fell by 2.5%.