Dow Jones Industrial Average achieved an unprecedented milestone, closing above the 38,000 mark for the first time in history on Monday (Jan 22). Accompanying this surge, the S&P 500 also notched a new record, closing at approximately 4,850, while the Nasdaq saw an uptick, reaching 15,360 at the close of Monday's trading session.

Dow Jones closes above 38,000, a record high as market registers recovery

US stocks sunk to a new low on Monday as the S&P 500 fell 3.9 per cent to 3,749.82 entering the "bear market" phase. Wall Street stocks fell for the fourth consecutive day on Monday amid fears of a recession.

Wall Street stocks crash; S&P 500 enters 'bear market' amid recession fears

Oil prices tumbled Friday on expectations OPEC next week won't take aggressive action to boost oil prices, while global equities pulled back on trade war worries.

Oil prices tumble ahead of OPEC meeting, global stocks fall

The rally was reignited by Trump's signing of numerous executive orders since his inauguration on Friday

Dow hits 20,000 mark as post-election rally resumes