The S&P 500 rose slightly Friday after notching its highest close of the year, as investors looked ahead to new inflation data set for release next week, along with the Federal Reserve's latest policy announcement.

The broader market index gained 0.2%, while the Nasdaq Composite advanced 0.5%. The Dow Jones Industrial Average lagged, falling 4 points, or 0.01%.

For the week, the S&P 500 was up 0.5%, on track for its fourth straight weekly gain. That would bee the index's longest weekly winning streak since August. The Nasdaq was also up about 0.5%, on pace for its seventh straight advance.

Tesla shares popped 5% on news that General Motors will use its electric vehicle charging network. GM's stock also climbed 0.5%. DocuSign shares, meanwhile, jumped 7% after the electronic agreements firm beat analysts' first-quarter expectations on the top and bottom lines.

Source : CNBC