U.S. stocks rallied on Friday, marking their best day since November's presidential election, with the S&P 500 gaining 2.13%, the Dow Jones Industrial Average rising 674.62 points, or 1.65%, and the Nasdaq Composite jumping 2.61%. Despite these gains, the market could not prevent a fourth consecutive weekly loss, the longest such streak since August. The rally was spurred by a reduction in uncertainty over a potential government shutdown, as the Senate moved to prevent it. However, the market remains under pressure from President Donald Trump's escalating trade war, which continues to fuel recession fears and dampen investor risk appetite. The S&P 500 entered correction territory, reflecting the market's volatility. Gold futures reached a new record, trading above $3,000 an ounce, reflecting investors' search for safe havens amid economic and political uncertainty. The Dow Jones Industrial Average posted its worst weekly performance since 2023, despite the day's gains. Consumer sentiment dropped significantly, with the University of Michigan's preliminary reading falling to 57.9, its lowest since November 2022. Tech stocks, including Nvidia and Tesla, rebounded, while gold prices rose 27% in 2024.