Stocks extended gains on Friday, with the Dow climbing more than 1 percent, after General Electric boosted its dividend and a host of solid earnings lifted investor optimism.

The Dow Jones industrial average <.DJI> gained 108.30 points, or 1.05 percent, to 10,430.60. The Standard & Poor's 500 Index <.SPX> gained 9.34 points, or 0.85 percent, to 1,103.01. The Nasdaq Composite Index <.IXIC> gained 18.91 points, or 0.84 percent, to 2,264.80.

(Reporting by Chuck Mikolajczak; Editing by Jan Paschal)