U.S. markets capped off their best week in a year on Friday, with all three major indexes rising each day since President-elect Donald Trump’s election victory. Days after Trump defeated Vice President Kamala Harris,

President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.

World shares are mostly lower after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.

Stocks are headed for the best week of 2024, with the S&P 500 on track for a 4% gain, while the Nasdaq 100 is up more than 5%.

The stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow, the S&P 500 and the Nasdaq to all-time highs. The Fed rate cut the next day was icing on the cake for market bulls,

Stocks are on a roll this month, with the S&P 500 notching its 50th record high of the year and topping the 6,000 point mark for the first time ever.

U.S. stock futures were heading higher early Monday, building on the record highs reached last week. Dow Jones Industrial Average futures added 50 points, or 0.1%. S&P 500 futures were gaining 0.2% and Nasdaq 100 futures increased 0.