U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 climbed 0.5% to surpass its record set early last month after coming close the day before.

Stocks finished higher, with the S&P 500 closing at a fresh record, amid optimism over the new administration of President Donald Trump. The S&P 500, which also posted an intraday high for the second day in a row, gained 0.53% to close at 6,118.71, outpacing its prior all-time closing high of 6,090.27 recorded in early December.