Talk of a tax cut lifted U.S. stocks to new record levels last week.
A strong rally on Friday enabled the major U.S. indexes to close narrowly mixed in price last week, but enough to push NASDAQ to a record high to close the week.
After several weeks of flirting with 20,000, the Dow Jones Industrial Average leaped over that landmark shortly after the market opened last Wednesday and the index never looked back.
Stocks were mostly higher on Friday as Donald Trump was sworn in as president of the United States but were lower for the second straight week.
Week in Review January 13, 2017
Stocks closed mixed as Donald Trump prepared to become the 45th president of the United States.
Global stocks got off to a good start to the new year.
The Dow failed to reach 20,000 last week, but the blue-chip index still wrapped up its best year since 2013.