US equity indexes rose in midday trading on Friday amid a reduced risk of a government shutdown after Senate Democratic Leader Chuck Schumer signaled late Thursday he would support the Republican-crafted stopgap funding bill.

The Nasdaq Composite advanced 2.3% to 17,698.8, the S&P 500 gained 1.8% to 5,623.1 and the Dow Jones Industrial Average climbed 1.4% to 41,399.7. All sectors were in the green intraday, with technology and energy leading the gainers.

Also on Friday, gold reached the $3,000-per-ounce mark for the first time. After midday, it was up 0.1% to $2,994.9 an ounce. Silver declined 0.1% to $34.26 per ounce.

In economic news, the University of Michigan's preliminary consumer sentiment index slid to 57.9 in March from 64.7 in February, compared with expectations for a smaller fall to 63.0 in a survey compiled by Bloomberg.

In company news, Rubrik (RBRK) shares jumped 25% in recent Friday trading after it posted overnight fiscal Q4 results and fiscal Q1 and full-year 2026 guidance that topped market expectations.

Danish pension fund AkademikerPension said it has excluded Tesla (TSLA) from its investment portfolio due to the company's stance against labor rights, board independence issues and Elon Musk's forays into geopolitics. The company didn't immediately reply to a request for comment from MT Newswires. Tesla shares were up over 3% in recent trading.

The US 10-year Treasury yield rose 3.4 basis points to 4.31%. The two-year rate was up 5.6 basis points to 4.01%.

The US Dollar Index was down 0.1% to 103.78.

West Texas Intermediate crude rose 0.7% to $67.03 per barrel.