Stocks extended gains on Friday, with the S&P at session highs and the Nasdaq up more than 1 percent, led by gains in semiconductors.

The Dow Jones industrial average <.DJI> gained 30.27 points, or 0.28 percent, to 10,764.10. The Standard & Poor's 500 Index <.SPX> gained 9.27 points, or 0.82 percent, to 1,138.83. The Nasdaq Composite Index <.IXIC> gained 27.95 points, or 1.14 percent, to 2,483.62.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)