The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, while the Dow topped 44,000 for the first time, as Donald Trump’s election victory and a possible Republican Party sweep in Congress fueled ...

The stock market continued to storm higher as Wall Street rode a red wave in favor of Donald Trump to record levels. The Dow was up 1,450 points, or 3.4%, which would be its best day since Nov. 10, 2022.

The Dow Jones Industrial Average reached the 44,000 mark for the first time in its 128-year history on Friday, extending its rally following Donald Trump’s presidential election victory. The milestone pushed the Dow,

The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time. The Dow Jones Industrial Average climbed 259 points, or 0.6%, while the Nasdaq composite added 0.1%.

U.S. markets capped off their best week in a year on Friday, with all three major indexes rising each day since President-elect Donald Trump’s election victory. Days after Trump defeated Vice President Kamala Harris,

JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.

The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.