The S&P 500 (^GSPC) closed at a record high on Friday, climbing above 5,400 three days in a row. Evercore ISI has raised its year-end target to 6,000, while Goldman Sachs has raised it to 5,600.

Yahoo Finance's Josh Schafer breaks down the bullish calls on the S&P 500 and how the tech sector is driving the market.

Read more about the markets' record highs here.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl