U.S. stocks finished higher Friday, with the S&P 500 scoring a fifth straight record closing peak. All three major U.S. equities benchmarks saw weekly gains.

The S&P 500 and Nasdaq notched record high closes on Friday, lifted by optimism the U.S. could soon reach a trade deal with the European Union, while Deckers Outdoor surged following a strong quarter for the maker of UGG boots and Hoka sneakers.

Wall Street ended higher on Friday, capping off a strong week that saw both the Nasdaq Composite and S&P 500 finish the week at fresh record highs. At the close of trading the blue-chip Dow (DJI) had advanced by 0.

The S&P 500 and the Nasdaq Composite ended Thursday's session with fresh record closes after scoring new all-time intraday highs earlier in the trading day. The broad market index closed 0.07% higher to end at 6,363.35, while the tech-heavy Nasdaq inched up 0.18% to finish at 21,057.96.

Trade tensions, weaker-than-expected housing data and a mixed bag of earnings results didn’t keep the S&P 500 and Nasdaq composite from hitting new records on Thursday. The S&P 500 added less than 0.1% for its fourth consecutive record,

The S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova, as the European Union and the U.S. appeared headed toward a trade deal similar to an agreement President Donald Trump struck with Japan.

U.S. stocks are ticking toward more records and coasting toward the close of another winning week. The S&P 500 was up 0.1% in early trading Friday, coming off its latest all-time high. The index is on track to finish its fourth winning week in the last five.