03:41 PM EDT, 06/27/2025 (MT Newswires) -- US benchmark equity indexes are on track to close higher on Friday after Washington and China confirmed a trade framework and Nike's ( NKE ) shares rallied post-earnings.

The S&P 500 increased 0.1% to 6,147.63, while the Nasdaq Composite was up 0.2% to 20,199.12. The Dow Jones Industrial Average rose 0.6% to 43,636.81. Among sectors, consumer discretionary led the gainers, and energy had the steepest decline.

Nike ( NKE ) shares jumped 16%, the best performer on the Dow and the S&P 500. On Thursday, the sportswear giant said it plans to offset tariff costs by raising US prices and reducing China footwear imports.

Plane maker Boeing ( BA ) rose 4.9%. The second-top gainer on the Dow and among the best on the S&P 500.

Enphase Energy ( ENPH ) shares were down 5.6%. Other solar companies, SunRun ( RUN ) , First Solar ( FSLR ) and SolarEdge ( SEDG ) declined 4.8%, 2.8% and 2.4%, respectively.

The 10-year US Treasury yield was up 3.2 basis points to 4.29%, while the two-year rate increased 2.9 basis points to 3.74%.

August West Texas Intermediate crude oil fell 0.1% to $65.19 a barrel.