On Friday, Nasdaq Composite stocks hit an all-time high, mainly due to the massive jump in mega-cap tech stocks, ending a volatile week on Wall Street. The Nasdaq advanced 1.3%, leading all the major indexes as it headed to a record after rising Monday, while the S&P 500 also gained 0.6% with a record. On the same note, the Dow Jones Industrial Average only appreciated slightly, by 38 points, to be exact, less than 0.1%.

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Apple (AAPL, Financial) moved higher by 0.91% and Nvidia (NVDA, Financial) by 2%, while Meta (META, Financial), Amazon (AMZN, Financial), Microsoft (MSFT, Financial), and Netflix (NFLX, Financial) all gained over 1%. These gains come before their earnings reports, meaning investors are optimistic about the technology sector.

Also, the 10-year Treasury yield has pulled back from a three-month high touched last week, hovering around 4.21%; overcoming the 4.25% level had a negative impact on investments on Friday.

Still, there are the following achievements: The broader market context is still somewhat conservative. The S&P 500 was set to end a six-week rally, while the Dow lost 0.4% for the week and 1.7% for the week. While the Dow Jones lost ground, the Nasdaq strengthened, posting its seventh week of consecutive gains, up 0.3% for the week.

I just hope that we have seen most of the potential problems in the week so that the market can move to new heights, especially since the technical stocks have boosted trading on Wall Street during this week of extremes.

This article first appeared on GuruFocus.