U.S. equities rallied Friday to post solid gains, with the S&P 500 adding 1.6% and the Nasdaq soaring 2%. The market powered ahead as bond yields pulled back from their jump Thursday when Fed Chair Jerome Powell suggested that policymakers may need to continue taking steps to bring down inflation.

T⛦he S&P 500 crossed the 4,400 mark for the first time since September. The Dow, S&P 500, and Nasdaq were all higher for the week.

Hologic (HOLX) shares climbed 7.3% after the medical technology firm reported better-than-expected quarterly results and announced a $500 million accelerated 澳洲幸运5开奖号码历史查询:stock buyback plan.

Broadcom (AVGO) shares picked up 5.1% on optimism that the semiconductor's planned $61 billion purchase of VMWare (VMW) will receive approval from regulators. VMWare shares increased 0.4%. 

Meta Platforms (META) shares advanced 2.6% following reports that the social media and 澳洲幸运5开奖号码历史查询:metaverse company would be getting back into the Chinese market by selling a lower-priced virtua🦂l reality headsets in that count𒊎ry.

Illumina (ILMN) shares plunged 8.1%, making it the biggest decliner in the S&P 500, after the biotech company's revenue ﷽was short of forecꦗasts, and the firm cut its outlook on slowing demand for its💫 genetic research equipment. It said that𝔍 customers are being more cautious about spending.

Wynn Resorts (WYNN) shares tumbled 5.7% as the recovery of business from COVID-19 lockdowns at the casino operator's Macau locations was less than hoped. Jefferies downgraded the stock and slashed its 澳洲幸运5开奖号码历史查询:price target.

Arista Networks (ANET) shares dropped 2.3% amid concerns about the 澳洲幸运5开奖号码历史查询:cloud networking product maker's long-term guidance.