Elsewhere, the USA dollar traded 0.4 percent lower, adding to this week's losses. The Nasdaq Composite () was up 47.80 points, or 0.64 percent, at 7,458.96.
Shares of Caterpillar Inc (CAT.N) fell as much as 3.5 percent and rose as much as 2.8 percent in the wake of its quarterly earnings. France's CAC40 Index fell 0.3 percent, the UK's FTSE 100 index slid 0.4 percent, while Germany's DAX Index dropped 0.9 percent.
AbbVie surged 13.8 per cent, while Dow member Pfizer gained 4.8 per cent and Gilead Sciences advanced 5.3 per cent.
Stocks are surging further into record territory on Wall Street, driven by more gains in technology and health care companies.
The three main indexes notched their best four-week run since 2016.
Intel's (O:) shares jumped more than 9 percent to their highest in nearly two decades, after strong results offered the clearest sign yet that its years-long effort to shift away from a slowing PC business was paying off.
AbbVie's shares jumped 12.68 percent to a record after the drugmaker significantly boosted its 2018 earnings forecast.
As of Thursday, 77 per cent of the S&P 500 companies that had reported surpassed earnings expectations, while 79 per cent of those companies had beaten sales estimates, according to U.S. financial information company FactSet.
The earnings enabled investors to shrug off a reading on economic growth that came in below expectations. Fourth-quarter gross domestic product increased at a 2.6 percent annual rate, the Commerce Department reported. All companies reported better earnings.
Weakness in the dollar, which is supportive for large multinational companies, continued.
The U.S. currency.DXY erased losses against a basket of major currencies after Trump told CNBC in an interview in Davos, Switzerland, that he wants to see a strong dollar.
Meanwhile, the Dow rose 140.67 points or 0.5% to 26,392.79 and the S&P 500 inched up 1.71 points or 0.1% to 2,839.25.
The Standard & Poor's 500 index rose 6 points, or 0.2 percent, to 2,844.
The Nasdaq is up 74.79 points, or 1 percent.
Starbucks (O:) fell about 5 percent after it warned 2018 global cafe sales growth would be at the low end of its forecast.
The three equity gauges are up between 6.1% and 7.4% so far in 2018, adding to last year's sizable gains as investors cheer the expanding USA economy and growth in corporate profits.
Brent crude futures settled up 10 cents, or 0.1 per cent, at $70.52 per barrel after hitting a session high of $70.83.
In the energy market, USA crude rose 0.89 percent to $66.09 per barrel and Brent was last at $70.47, up 0.07 percent on the day. On Thursday, they also reached their highest since December 2014, at $66.66.