The post-election rally in stocks pushed all three major U.S. indexes to closing highs Wednesday. The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all finished the day with records. It was the first time since May 15 that all three indexes closed at a record on the same day,

The S&P 500 and the Nasdaq jumped to a fresh record high on Thursday after the Fed delivered a 25 basis point rate cut.

U.S. stocks are ticking higher Thursday after the Federal Reserve cut interest rates for a second straight time, just as investors had expected. The S&P 500 was up 0.7% in afternoon trading, as momentum slowed from its surge a day before following Donald Trump’s presidential victory.