The major stock indices are extending to new session rise as the day works toward a close. The NASDAQ index is up 317 points or 1.3%. The S&P index is now up 1% on the day.

Both the S&P and NASDAQ are on pace to close at record levels as is the Dow industrial average which is currently up 550 points or 1.18%.

Next week, a slew of companies will highlight the earnings season. Meta, Microsoft, Alphabet will announce earnings after close on Wednesday. Apple and Amazon will announce earnings on Thursday. Nvidia does not announce until November 19.