On Friday, U.S. stock indexes rose moderately, but enough to hit record levels for the top three equity indices, with investors focused on the prospect of a possible $ 900 billion coronavirus relief package out of Washington. The Dow Jones industrial average [: DJIA] gained less than 0.1% to reach 30,343, before falling, the S&P 500 SPX index,
advanced to an intraday record around 3,726, before retiring on Friday, while the Nasdaq Composite Index COMP,
it advanced 0.1% to 12,777 and had reached an intraday record of 12,809.60. Fridays mark the quadruple witch on Wall Street, the simultaneous expiration of futures on stock indices and individual futures, as well as stock index options and individual stock options. The day coincides with high volume and potentially high volatility and also comes as Tesla Inc. TSLA,
it is expected to be added to the S&P 500 index after Friday’s close of trading.