The Dow rose 448.23 points, or 1.30%, to 34870.16; the Nasdaq rose 142.13 points, or 0.98%, to 14701.92; and the S & P 500 rose 48.73 points, or 1.13%, to 4369.55.

On Friday, the S & P 500 rose as high as 4371.60, an all-time high. The index rose 0.4 per cent this week, its sixth weekly gain in the past seven weeks.

The stocks that led Thursday's decline-- that is, the reopening of concept stocks and bank stocks-- became Friday's leading gainers. Bank of America closed 3.3% higher, leading to a rebound in financial stocks. Royal Caribbean rose 3.6 per cent and Wynn Resorts rose 2 per cent. American Airlines rose 2.7%, while United Continental Airlines rose 2.9%.

$General Motors Co (GM.US) $The company closed 4.8 per cent higher after brokerage Wedbush rated it "buy", saying the stock could rise more than 50 per cent as investors become aware of the extent of its technology and electric vehicle development.

U.S. president Joe Biden signed an executive order on July 9 local time to promote competition in all sectors of the United States. The bill provides guidance and restrictions on anti-competitive practices in science and technology, health care and other areas, while increasing the income of workers and providing protection for consumers.

Affected by Biden's signing of the executive order, some large technology stocks weakened slightly on Friday. Amazon.Com Inc fell about 0.3 per cent after hitting an all-time high on Thursday.

The champion of US stock turnover on Friday$Apple Inc (AAPL.US) $The company closed 1.3% higher and its share price hit an all-time high, with a turnover of $14.36 billion and a market of $2.42 trillion. In terms of today's market capitalization, Apple Inc's net worth has exceeded the GDP of Italy, Brazil, Canada and Russia. In fact, only seven countries in the world have a GDP higher than Apple Inc's market capitalization, meaning the tech giant is richer than 96 per cent of the world's countries.

Second place$Amazon.Com Inc (AMZN.US) $The company closed down 0.3% on a turnover of $13.86 billion. Amazon.Com Inc's share price hit an all-time high on Thursday.

Third place$Tesla, Inc. (TSLA.US) $The company closed 0.6% higher, with a turnover of $11.62 billion. Morgan Stanley said he still recommended the stock and expected the company to launch about 20 new cars in the next few years at a target price of $900, while believing that its share price could be "well above" $900.

No. 7 Chinese listed stocks$BABA (BABA.US) $It closed 3.1% higher, with a deal of $3.46 billion. Zhang Kuo, general manager of BABA International Station, said that the global market shows a level of consumption, and the cross-border e-commerce dividend period still has two to three years.

12th place$AMC cinema line (AMC.US) $It closed down 3.7% on a turnover of $2.7 billion. The retail group stock fell 11.1% this week, the third consecutive week of decline.

No. 13$Snowflake Inc (SNOW.US) $It closed 7.7% higher, with a deal of $2.56 billion.

15th black concept stock$Carver savings (CARV.US) $(CARV) closed up 21.1%, up 150% this week, with a turnover of $2.13 billion. Carver savings has recently become a new target for retail investors on Wall Street. According to FactSet, 68% of the company's outstanding shares are shorted, making it one of the stocks with the highest percentage of shorts on the NYSE and NASDAQ.

16th place$JPMorgan Chase & Co (JPM.US) $It closed 3.2% higher, with a deal of $2.09 billion. Us bond yields rebounded on Friday, giving a general boost to the financial sector.

Among the top 20 US stocks listed today was NIO Inc. Motor Company, which closed down 0.15% with a turnover of US $2.93 billion.

The following are the 20 most actively traded stocks of the day (by turnover):