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The S&P 500 rose nearly 1% on Friday, its longest weekly advance since 2024.
Google will invest $10 billion in Anthropic, with a potential further $30 billion investment planned.
KEY POINTS
Intel hit a record high after a blowout forecast, fueling an 18-day chipmaker rally.
US special envoys Witkoff and Kushner will meet Iranian officials in Pakistan for peace talks.
Iranian Foreign Minister Araghchi intends to present a written response to a US peace proposal.
Newmont announced a $6 billion share repurchase amid record gold prices.