U.S. stock markets experienced a surge, reaching their first all-time high of 2025, signaling a recovery of the momentum that had previously propelled Wall Street to 57 records the prior year.

The S&P 500 experienced an increase of 0.5% on Thursday, quiet trading sessions aiding its rise as it surpassed the previous record set at the start of last month. The Dow Jones Industrial Average saw a gain of 0.9%, while the Nasdaq composite recorded a modest uplift of 0.2%.

Stock movements internationally remained subdued, even following China’s latest efforts to boost stock performance in its economy, the second largest in the world. Bond market activity reflected mixed Treasury yields, which contributed to a calmer environment in stock trading.

On Thursday, the S&P 500 advanced by 32.34 points, or 0.5%, reaching 6,118.71. Meanwhile, the Dow Jones Industrial Average increased by 408.34 points, or 0.9%, bringing it to a level of 44,565.07. The Nasdaq composite also gained 44.34 points, or 0.2%, settling at 20,053.68. The Russell 2000 index, which reflects smaller companies, rose 10.88 points, or 0.5%, to reach 2,314.60.

Looking at performance for the week, the S&P 500 has risen by 122.05 points, or 2%. The Dow has shown a gain of 1,077.24 points, or 2.5%. The Nasdaq composite is up by 423.48 points, or 2.2%, and the Russell 2000 has increased by 38.71 points, or 1.7%.

In terms of performance for the year, the S&P 500 has gained 237.08 points, or 4%. The Dow has risen by 2,020.85 points, marking an increase of 4.7%. The Nasdaq composite is up 742.89 points, or 3.8%, while the Russell 2000 shows a rise of 84.44 points, equating to a 3.8% increase.