U.S. stocks rose in light volume on Friday as Wall Street reopened following the Christmas holiday, with the Dow and S&P 500 at or near records.
"Seasonals are in our favor, as of all the trading days of the year, this one day is one that is most consistently up," said Art Hogan, chief market strategist at Wunderlich Securities.
"Usually the gift that gets delivered is retail sales tend to be better than expectations. We won't get the numbers until two weeks from now, but our checks from our consumer-facing research team came in very positive," Hogan said.
Tesla Motors will announce an upgrade to its Roadster model on Friday, according to a tweet sent out by CEO Elon Musk. Shares of GoPro rose in early New York trading after Wedbush Securities had favorable comments about the wearable-camera maker's holiday sales.
Read MoreEarly Movers: SNE, QCOM, MHFI, TSLA, GPRO & more
Around the globe, most major markets were closed, with trading shuttered in cities including London, Paris, Milan, Hong Kong and Toronto.
Crude-oil futures for February delivery erased gains and turned lower, lately off 7 cents, or 0.1 percent, at $55.77 a barrel.
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