U.S, Feb. 20 -- After recovering from an initial move to the downside, stocks fluctuated over the course of the trading session on Friday but largely maintained a positive bias before eventually finishing the day mostly higher.

The major averages all closed in positive territory, with the tech-heavy Nasdaq posting a notable gain. The Nasdaq advanced 203.34 points or 0.9 percent to 22,886.07, the S&P 500 climbed 47.62 points or 0.7 percent to 6,909.51 and the Dow rose 230.81 points or 0.5 percent to 49,625.97.

For the holiday-shortened week, the Nasdaq shot up by 1.5 percent, the S&P 500 jumped by 1.1 percent and the Dow increased by 0.3 percent.

The higher close on Wall Street came after the U.S. Supreme Court struck down most of Presi...