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Stocks hit session highs around the same time Congressman Mike Johnson was reelected as Speaker of the House.

Citi said it is encouraged by recent month-over-month growth in .com domain registrations, which could point to year-over-year growth in 2025.

Less than half of Americans recognize alcohol as a leading risk factor for cancer, unlike 89% aware of links between smoking and cancer, the surgeon general said.

Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note.

The Santa Claus trading window ends Friday, and a negative return during the seven-day trading window could be a bad sign for 2025, a strategist said.

Rivian stock soared Friday after the electric truck maker reported better than expected vehicle sales for its quarter ending Dec. 31.

U.S. stocks were higher on Friday, but shares of alcoholic beverage makers were lower after the surgeon general announced a link to cancer.

NEW YORK (Reuters) -U.S. stocks rebounded on Friday as investors neared the end of a holiday-shortened week that also rang in a new year, which brought with it expectations of additional Federal Reserve rate cuts and looser regulatory policies from the incoming administration. A broad rally sent all three major U.S. stock indexes to a higher close, with megacap growth companies, such as Tesla and Nvidia, providing much of the muscle to the upside and putting the tech-heavy Nasdaq out front. A multi-session selloff put a dour cap on what was a banner year for the equities market, as continued momentum of artificial intelligence technology and the U.S. Federal Reserve's first policy rate cuts in three-and-a-half years helped fuel double-digit gains in 2024.

Hopes are dim for a "Santa Claus" rally after a five-session run of losses for the S&P 500.