U.S. equities were higher at midday, boosted by tech stocks ahead of the long Memorial Day holiday weekend . The Nasdaq jumped more than 1%, while the Dow and S&P 500 were higher as well.

Deckers Outdoor ( DECK ) was the best-performing stock in the S&P 500, with shares hitting an all-time high as the fashion footwear company beat profit estimates on soaring sales of its Hoka and Ugg brand shoes.

Shares of Ross Stores ( ROST ) jumped after the off-price apparel and home goods retailer beat earnings and revenue forecasts as it slashed costs.

Intuit ( INTU ) shares sank after the maker of financial and other software warned it anticipates losing 1 million free users of its TurboTax tax filing software this fiscal year.

Shares of Workday ( WDAY ) slumped as the provider of human resources software trimmed its subscription revenue guidance on elevated sales scrutiny and lower customer growth. The news dragged down shares of rival Dayforce ( ) as well.

Oil futures and gold prices rose. The yield on the 10-year Treasury note was little changed. The U.S. dollar lost ground to the euro, pound, and yen. Trading in most major cryptocurrencies was mixed.