The Dow rose 259.65 points, or 0.59%, to 43,988.99, the S&P 500 gained 22.44 points, or 0.38%, to 5,995.54 and the Nasdaq gained 17.32 points, or 0.09%, to 19,286.78.
NEW YORK: The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible Republican Party sweep in Congress fuelled expectations for favourable business policies.
Also supporting stocks this week was a widely expected interest rate cut of 25 basis points by the Federal Reserve on Thursday.
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