U.S. stocks rallied on Friday to close out a strong week 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.

Apple lost $144B in market cap on Thursday, but stock markets were largely unchanged. That could be a sign of broader market strength, which would be a positive development.

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,

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.