Stock market today: Live updates

Stocks ticked higher on Friday, with the S&P 500 and Nasdaq Composite building on their weekly gains.

The broad market S&P 500 gained 0.2%, along with the tech-heavy Nasdaq. The latter had scored a new all-time intraday high earlier in the session. The Dow Jones Industrial Average also advanced 141 points, or 0.3%.

The U.S. government shutdown dragged into its 10th day on Friday, a day after the Senate failed for a seventh time to pass dueling stop-gap funding proposals that would have put an end to the stoppage. At this point, there have been no signs that Republicans and Democrats have made meaningful progress on negotiations.

With the stalemate continuing, investors are struggling to find catalysts due to a lack of economic data from the government. However, the latest data from the University of Michigan showed that both the U.S. economy and the consumer are holding up.

Also offering some sense of consumer demand, earnings reports on Thursday from companies like Delta Air Lines and PepsiCo were positive, even though they weren’t enough to sustain a rally in stocks that day.

Still, the S&P 500 and the Nasdaq could eke out gains for the week of 0.5% and more than 1%, respectively. The 30-stock Dow, however, is pacing for a 0.5% drop.

Declines in the Dow would we steeper if not for Nvidia regaining some momentum this week. After CEO Jensen Huang told CNBC that computing demand has “gone up substantially” this year, the stock has regained some momentum. Shares have logged a 2.6% gain week to date.

“Markets are trying to balance a few things because we are navigating a little blind because of the government shutdown,” Fundstrat’s Tom Lee said Thursday on CNBC’s “Closing Bell.”

Earnings season is set to begin in earnest next week, with several banks such as Citigroup and JPMorgan slated to post their third-quarter results.