Stocks rallied Friday, capping off a winning week and giving investors a basket of new milestones to celebrate.


The S&P 500, which sailed into record territory on Tuesday, rose 0.35% while the Nasdaq Composite gained 0.42%, both registering a fourth straight week of gains. The Dow Jones Industrial Average, meanwhile, on Friday rose 190 points or 0.69% but still posted a modest decline for the week.


Tesla Inc. drove into record territory in the final trading day for investors to buy shares and be eligible for the upcoming 5-for-1 stock split that will take place at the close of business on Aug. 28. The electric-car maker finished the week with a $382 billion market capitalization, bigger than Walmart.

Apple Inc. also rose, becoming the first American company with a $2 trillion market value.