The 30-stock index has surged more than 31 percent since Trump's inauguration.
That marks the index's best performance during the first year of a president since Franklin Roosevelt.
"You've got lower taxes, less regulation and confidence in the economy is high," said one investor.
The S&P 500 has surged 23 percent during Trump's first year in office. Donald Trump lifted the Dow Jones industrial average in his first year in office more than any other president since Franklin Roosevelt.
The Dow has surged more than 31 percent since Trump's inauguration on Jan. 20, 2017. That marks the index's best performance during a president's first year since Roosevelt. The Dow skyrocketed 96.5 percent during Roosevelt's first year in office.
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