The Dow Jones stock index rose up to 100 points, or 0.25%, during Friday trading.

Spurred on by the Federal Reserve Board's half-point cut in interest rates, the stock market closed out a buoyant week on Friday with the Dow Jones Industrial Average ending in record-high territory.

U.S. stocks were mixed after the close on Friday, as gains in the Utilities, Telecoms and Consumer Services sectors led shares higher while losses in the Industrials, Basic Materials and Consumer Goods sectors led shares lower.