Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut | Stock Market News

U.S. stocks are coasting to the close of their best week in a year with some modest moves on Friday.

The S&P 500 was 0.3% higher in morning trading and on track for its biggest weekly gain since early November 2023. The Dow Jones Industrial Average was up 190 points, or 0.4%, as of 10:20 a.m. Eastern time, and the Nasdaq composite was virtually unchanged.

The relatively quiet trading follows big gains and more records for indexes earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy.