12:21 PM EDT, 09/19/2025 (MT Newswires) -- US benchmark stock indexes were up in midday trading on Friday following the fresh record highs they posted in the previous session.
The Nasdaq Composite added 0.4% to 22,570.1, the S&P 500 increased 0.2% to 6,648.6 and the Dow Jones Industrial Average rose 0.2% to 46,247.6. Technology led the gainers, while energy was the steepest decliner.
Chinese President Xi Jinping urged US President Donald Trump to refrain from imposing restrictive trade measures during a call Friday, as the leaders of the world's two largest economies sought to ease tensions, China's official Xinhua News Agency reported.
In company news, Apple's ( AAPL ) iPhone 17 sales opened to strong demand for its Pro models, according to multiple media outlets. Across Japan, Hong Kong, Singapore, China, Australia and New Zealand, people queued up to pick up pre-booked models, while only iPhone Air was available on shelves, Bloomberg reported. Apple ( AAPL ) shares were up 2.6%.
FedEx ( FDX ) shares gained 2.7% in recent Friday trading after the company reported overnight that its fiscal Q1 non-GAAP net income rose to $3.83 per diluted share from $3.60 and revenue increased to $22.24 billion from $21.58 billion a year earlier.
The US 10-year Treasury yield rose 3.7 basis points to 4.14%. The two-year rate rose less than one basis point to 3.58%.
The ICE US Dollar Index was up 0.29% to 97.63.
West Texas Intermediate crude fell 1% to $62.93 per barrel.
Gold was up 0.7% to $3,705.50 an ounce, and silver rose 2.1% to $43.01 per ounce.