The S&P 500 closed at a record high on Friday, soaring to its highest level since February as investors cheered a host of bullish catalysts.

In all, the S & P 500 has soared more than 20% since an April low in the wake of Trump's "Liberation Day" tariff announcement. Over that period, the tech-heavy Nasdaq has climbed 28%, while the Dow Jones Industrial Average has jumped 12%.

The stock market shrugged off the U.S. bombing of Iran, the continuing global trade war and a Wall Street adage advising investors to “sell in May and go away” — and now looks to end June near record territory.