The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to 5,996.66 and the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20.

U.S. stocks rallied on Friday on optimism over the health of the economy and path of interest rates as investors braced for a slew of policy changes under the incoming Trump administration. The S&P 500 and Dow Industrials were poised for their biggest weekly percentage gains since late November and the Nasdaq fared its best since early December.

Wall Street's indexes rose, with the S&P 500 and Dow Jones poised to record their largest weekly gains since November. Positive sentiment stems from anticipated Trump administration policy changes, strong earnings from major banks,