The S&P 500 is set to score a record finish every day of this past week while the Dow has yet to return to record territory in 2025.

When back-tested to 1871, this forecasting tool has an immaculate track record of projecting where stocks will head next.

Stocks rose Wednesday after President Donald Trump announced the U.S. had reached a trade deal with Japan, lifting hope for further agreements being made.

The S&P 500 ended every day this week at a new high. The moves have been modest—on Thursday, the index advanced just 0.07%—but this is the longest streak of closing records since last July, according

The S&P 500 and Nasdaq notched record high closes on Friday, lifted by optimism the U.S. could soon reach a trade deal with the European Union, while Deckers Outdoor surged following a strong quarter for the maker of UGG boots and Hoka sneakers.

Friday marked another winning day for the S&P 500 and Nasdaq, as both indexes posted fresh all-time intraday and closing highs.

U.S. trade deal

The S&P 500 and the Nasdaq opened higher on Thursday as investors assessed tech earnings and monitored trade negotiations, while losses in shares of IBM, Honeywell and UnitedHealth weighed on the Dow.

The stock market was mixed as Google lifted AI giants and Tesla dived. President Trump and Federal Reserve Chairman Jerome Powell disagreed.