Dow, S&P hit record highs as energy shares jump

The S&P energy index was the top gainer with a 2.4 percent rise. Oil majors Exxon and Chevron were up about 2.3 percent and provided the biggest boost to the Dow. President-elect Donald Trump's expected agenda of economic stimulus and reduced taxes and regulations has fueled a market rally, with the benchmark S&P 500 rising 5.6 percent since Nov. 8 to Friday's close.