S&P 500 on pace to notch weekly gain as U.S. stocks mostly rise midday Friday

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U.S. stocks were mostly rising midday Friday, with all three major benchmarks on track for weekly gains.

The S&P 500 was up 17 points, or 0.3%, at almost 5,859.

The Nasdaq Composite was advancing nearly 102 points, or 0.6%, to 18,475.

The Dow Jones Industrial Average was down 41 points, or 0.1%, at around 43,198.

For the week, the Dow and S&P 500 were each on track to gain around 0.8% while the technology-heavy Nasdaq was on pace to rise 0.7%, according to FactSet data midday Friday.