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Closing: The Dow Jones Industrial Average closed up over 400 points, reaching a historic high. The three major indices all recorded gains this week.
On the morning of the 23rd Beijing time, the U.S. stock market closed higher on Friday, with the Dow hitting a new closing high. Cyclical stocks and small caps that may benefit from Trump's economic policies saw widespread gains, while technology stocks performed slightly worse.
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Bank of America: The Nasdaq's relative indicators to the s&p 500 are approaching a key point, which may trigger a reversal in U.S. stock trading trends.
A strategist at bank of america said that the relative level of the nasdaq 100 index to the s&p 500 index is approaching a key point, which may trigger a reversal favorable to stock trading in the U.S.
