The S&p 500 closed higher on Friday, as the Dow advanced more than 1,000 points, as investors responded to a news release from President Donald Trump.
The S-shaped move by the Dow ended the day up more than 6% at 16,957.
The Dow closed Friday with a gain of 1,003.35 points.
It closed at 17,081.21, up 2.3%.
The Nasdaq, meanwhile, closed with a loss of 5.63%, or $5.83 billion.
The index closed at 15,739.62, up 3.6%.
The S & P 500 is now up more from its all-time low, which was set at 15.4 in January, in January 2018.
This means that its gain in a day was about 2.8%, which is a small bit higher than its 0.9% gain in one day in December 2017.
The Nas also posted a gain in the last 24 hours, adding 5.24%.
The index is up 1.6% year-to-date, according to FactSet data.
The U.S. stock market is up by about 1.8% year over year in 2017, compared to a 0.5% gain over the same period last year.
The stock market index closed the day at 18,071.90, up 0.6%, or 1.1%.
The Dow is now trading at 17600.21.
The NASDAQ is up 0,9% year to date, up 1% from its 2017 low of 17,500.
The Russell 2000 is up 2,7% year under the S <amp.; P 500.
The tech-heavy Nasdaq is up 3% year after year, compared with a 0% gain last year, and the tech-centric Russell 2000 index is down by 3.5%.
The U, the Nasdaq’s biggest trading partner, is up 6.9%, compared with 3.7% a year ago.
The CBOE Volatility Index is down 2.1% year for year.