In a remarkable session, the Dow Jones Industrial Average surged by over 400 points, reaching new record highs, alongside the S&P 500, which also closed at a record. This significant rally was primarily driven by strong earnings reports from major banks like JPMorgan Chase and Goldman Sachs, which helped boost market confidence. The S&P 500 and Dow are now marking their fifth consecutive week of gains. However, not all was positive on Wall Street, as Tesla experienced a substantial drop following disappointing news regarding its Robotaxi event. The mixed market dynamics have traders eager as they await further earnings reports and economic data.