Stocks closed at record highs on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 all notching their biggest weekly gain of the year.

The Dow crossed 44,0000 for the first time ever as stocks were on track for their best week in a year on optimism that President-elect Donald Trump's policies will boost the economy.

Axon Enterprise, which sells Tasers and body cameras used by police officers, helped lead the market. It jumped 28.7% after delivering stronger profit for the latest quarter than analysts expected. It also raised its revenue forecast for the full year to $2.07 billion, which would mean 32% growth.

The Dow’s strong gain this year favored the Democrats and Kamala Harris. But Wall Street is increasingly disconnected from Main Street.

U.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will do with interest rates.

A sense of déjà vu overwhelmed Wall Street this week, as Donald Trump’s election win gave the stock market a jolt similar to what happened after his victory eight years ago. Small caps soared, banks leaped and the S&P 500 Index had its best Election Day in history and strongest week in 12 months.