On the other end of the spectrum, Franklin Resources, Inc. (BEN) was down almost 7 percent, and BEA Systems, Inc. (BEAS) had dropped just more than 4 percent. According to Reuters, BEA stocks fell as the deadline for an agreement with Oracle Corporation (ORCL) stalled after Oracle rejected BEA's asking share price of $21.
BEA Systems lead trading volume, moving 19.73 million shares, narrowly topping the 19.43 million transferred by the Intel Corporation (INTC). Approximately 15.5 million Yahoo! Inc. (YHOO) shares also changed hands.
Reuters also reported that security giant McAfee Inc. announced that its third-quarter profits were double those of a year ago, thanks to continued demand from consumers and corporations.
The Dow Jones Industrial Average was up 0.5 percent Friday, and the Nasdaq Composite was up more than 1.5 percent. The Standard & Poor's 500 also rose, nearly 0.85 percent.