The Dow Jones Industrial Average rose more than 800 points on Friday, the biggest gain since the first week of June.
The S&P 500 gained more than 2%.
The Nasdaq Composite gained more.
The tech-heavy Nasdaq rose 2.4%.
The S&P 500 was up 6.8% this week, beating expectations.
The Nasdaq was up 5.4% in early trading, while the Dow was up 0.5%.
was up 2.9%, the Dow 2.3%, and the Nasdaq 1.4%, according to FactSet data.
Analysts surveyed by FactSet had expected the Dow to reach a record high of 21,200 by the end of the week.
Wall Street was also buoyed by the release of a report by Moody’s Analytics, which said the U.K. economy is “significantly stronger” than expected and that the U-K.
will likely continue to expand.
The rating agency also said that Britain has benefited from stronger tax revenues than expected.
Moody’s said the economy will likely grow by 2.2% in 2017.
“The UK is more resilient than previously expected, with the economy forecast to grow by around 2.1% in 2016, and the IMF has predicted that the economy could grow by more than 3% by 2021,” Moody’s wrote.
U.S.-based stocks were among the top performers.
The Russell 2000 gained more on Friday than the S&s average gain since June.
Shares of Apple Inc., Amazon.com Inc., Facebook Inc., Alphabet Inc., Microsoft Corp., and Twitter Inc. jumped.
Dow futures rose 2% on Friday as investors looked to gain from Friday’s record-setting gain.
The Dow is up 7,400 points, or 1.1%, to 22,724.53.
The Nasd is up 1.7% to 2,933.57.
The Standard & Poor’s 500 index of stocks is up 2% to 6,000.
The MSCI All-Country World Index of stocks has gained 1.2%, or 0.7%, to 5,959.63.
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