U.S. stocks were higher after the close on Friday, as gains in the Consumer Services, Utilities and Basic Materials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.

The Dow Jones Industrial Average (^DJI) closes at yet another record high this week, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) ended the trading day around their respective flatlines. Yahoo Finance Senior Business Reporter Ines Ferré recaps the day's market action as chip stocks like Nvidia (NVDA) and Taiwan Semiconductor Manufacturing Company (TSM) drive the tech sector higher.

The Dow Jones Industrial Average advanced on Thursday to its fourth record close in the last five sessions, as stronger-than-expected monthly retail sales indicated a robust U.S. consumer and TSMC's upbeat forecast buoyed chipmakers' stocks.