The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair ...

At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to ...