U.S. stock markets reached all-time highs as investors expressed optimism about the implications of Donald Trump’s potential return to the presidency on both the economy and global dynamics.

On Wednesday, the S&P 500 soared by 2.5%, marking its strongest performance in nearly two years. The Dow Jones Industrial Average experienced a dramatic increase of 1,500 points, while the Nasdaq composite gained 3%.

Prominent bank stocks drove the growth, driven by the expectation that Trump’s policies will stimulate economic expansion and reduce regulatory constraints. Additionally, Bitcoin soared to new heights, and Treasury yields rose amid concerns regarding increased government borrowing and inflationary pressures. The U.S. dollar also strengthened against various foreign currencies.

On the stock market front Wednesday:

The S&P 500 climbed 146.28 points, or 2.5%, closing at 5,929.04.

The Dow Jones Industrial Average surged 1,508.05 points, equating to a 3.6% rise, to finish at 43,729.93.

The Nasdaq composite increased by 544.29 points or 3%, reaching 18,983.47.

The Russell 2000 index, which tracks smaller companies, rose by 132.08 points, marking a 5.8% increase, closing at 2,392.92.

Looking at the weekly performance:

The S&P 500 has gained 200.24 points, a rise of 3.5%.

The Dow has seen an increase of 1,677.74 points, or 4%.

The Nasdaq is up by 743.55 points, translating to a 4.1% rise.

The Russell 2000 index has climbed by 182.79 points, corresponding to an 8.3% increase.

In terms of year-to-date performance:

The S&P 500 has risen by 1,159.21 points, which is a 24.3% increase.

The Dow Jones Industrial Average is up 6,040.39 points, equating to a 16% rise.

The Nasdaq composite has gained 3,972.11 points, representing a 26.5% increase.

Lastly, the Russell 2000 has increased by 365.85 points, or 18%.