Weekly gains on Wall Street… and the S&P 500 is at a new record high

Nvidia shares were up 2 percent, while Tesla shares were up 3.7 percent.

During the short session on Friday, it rose Standard & Poor’s 500 By 0.56 percent to 6032.38 points. The Nasdaq composite index gained 0.83 percent to 19,218.17 points, while the Dow Jones industrial average rose 0.42 percent to 44,910.65 points.

On a weekly basis, the Standard & Poor’s 500 rose about 1.4 percent, the Nasdaq Composite rose 1.3 percent, and the Dow Jones Industrial Average jumped about 2.4 percent.

Bloomberg reported that the Standard & Poor’s 500 Index, which rose for the second week in a row, hit new record highs after posting its best monthly performance this year in November.

The agency said speculation that US President-elect Donald Trump would tone down his more extreme trade policies pushed the dollar to its biggest weekly loss in three months.

Trump’s pick for Treasury secretary raised optimism that tariffs will be considered, which boosted the performance of US stocks and bonds and weakened the dollar’s strength, according to Bloomberg.