The S&P 500 financial index rallied, with banks helping lift the Dow to its highest ever. Read more at straitstimes.com.

The historic addition of artificial intelligence (AI) colossus Nvidia may spell trouble for Wall Street's most iconic index.

The Dow Jones Industrial Average (DJINDICES: ^DJI) is making its third major move in the last five years, with Nvidia (NASDAQ: NVDA) replacing Intel and Sherwin-Williams (NYSE: SHW) kicking out commodity chemical company Dow Inc.

The Dow Jones Industrial Average (DJIA) rose into fresh all-time highs on Friday, clipping into 44,000 as stocks lean firmly bullish to close out a record week. The Dow had its best week since October of 2023, rising nearly 5% and piercing record bids three days in a row.

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U.S. stocks were higher after the close on Friday, as gains in the Consumer Goods, Utilities and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.63% to hit a new all time high,