U.S. stocks surged on November 25, 2024, with major indices reaching record highs. The S&P 500 hit an intraday record, rising 0.8%. The Dow Jones Industrial Average climbed 324.65 points, or 0.73%, to 44,621.16, also achieving a record high. The Nasdaq Composite increased by 141.14 points, or 0.74%, to 19,144.79, and was up 1.01% at one point. The Russell 2000 index, represented by IWM, led gains with a 1.53% rise. Tesla shares rose 2.5% after a 3.8% increase in the prior session. The VIX tumbled as U.S. stocks opened higher to start the week.