Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.

The Dow Jones Industrial Average (DJIA) absorbed newly-minted President Donald Trump’s last-minute pivot away from enacting sweeping tariffs on his first day in office with jubilation. The major equity index climbed over 400 points and is now testing the 44,000 handle for the first time since mid-December.

Stocks sank Friday in response to good news about the economy, a development that will take some explaining. A government report Friday morning showed U.S. employers added a whopping 256,000 jobs in December. The unemployment rate fell to 4.1%.

The Dow Jones Industrial Average was up 776 points, or 1.8%, at 43,294. The S&P 500 was up roughly 111 points, or 1.9%, at 5,954. The Nasdaq Composite was up about 469 points, or 2.5%, near 19,514.

Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

U.S. stocks rose after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased.

The Dow Jones rallied on the stock market today amid moves by President Donald Trump. Cathie Wood snapped up a rebounding AI stock.

3M stock zoomed 5.5% higher above $148.50, while the DJIA gained 1%. The NASDAQ advanced 0.3%, and the S&P 500 added 0.6%. CEO William Brown said that he was going to tilt 3M, the maker of common brand names like Scotch tape and Post-It Notes, toward new products. As such, the company expects organic growth between 2% and 3% in 2025.

Futures fell while bitcoin hit a new high. Donald Trump will issue a slew of executive orders after his presidential inauguration.

Dow Jones and other indexes soared in the stock market today as investors await inauguration day on Monday. Bitcoin cleared $104,000.

World stocks have retreated after U.S. stocks fell as good news on the job market raised worries over inflation.

Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.