The Dow Jones Industrial Average and the other major stock indexes rose Thursday, as Wall Street braced for the Federal Reserve's interest rate decision and Fed Chair Jerome Powell's subsequent comments.

U.S. stocks are rising Thursday after the Federal Reserve cut interest rates for a second straight time, just as investors had expected.

S&P 500 tops 44,000 and Dow rise above 6,000 for first time after Republicans win big in the election, Fed trims rates and consumer sentiment rises.

The stock market marked a historic milestone on Friday, as the Dow Jones Industrial Average hit 44,000 for the first time in its 128-year history, while the S&P 500 crossed the 6,000 mark. Stocks continued their rally,