U.S. stocks concluded a remarkable week, marking their strongest performance in a year.

The S&P 500 experienced a modest increase of 0.4% on Friday, achieving its largest weekly gain since early November 2023, and nearly reaching the 6,000 milestone. The Dow Jones Industrial Average rose by 0.6%, while the Nasdaq composite saw a slight uptick of 0.1%.

The trading day was characterized by relative calm following significant gains earlier in the week, which were bolstered by Donald Trump’s presidential election victory and the Federal Reserve’s decision to reduce interest rates again, aimed at supporting the economy. Long-term Treasury yields also saw a decline in the bond market.

On Friday’s market close:

The S&P 500 climbed by 22.44 points, or 0.4%, reaching 5,995.54.

The Dow Jones Industrial Average increased by 259.65 points, or 0.6%, finishing at 43,988.99.

The Nasdaq composite gained 17.32 points, or 0.1%, closing at 19,286.78.

Additionally, the Russell 2000 index, which tracks smaller companies, improved by 16.95 points, or 0.7%, to settle at 2,399.64.

For the week overall:

The S&P 500 posted a gain of 266.74 points, or 4.7%.

The Dow Jones increased by 1,936.80 points, or 4.6%.

The Nasdaq recorded an increase of 1,046.86 points, or 5.7%.

The Russell 2000 index also had a strong week, rising by 189.51 points or 8.6%.

Looking at the yearly performance:

The S&P 500 has seen a substantial rise of 1,225.71 points, or 25.7%.

The Dow Jones has gained 6,299.45 points, which is a 16.7% increase.

The Nasdaq has advanced by 4,275.43 points, resulting in a 28.5% rise.

Lastly, the Russell 2000 index has increased by 372.57 points, translating to an 18.4% growth.