White House crypto czar David Sacks has said media warnings over “chaos” and “doom” signal an “excellent time to buy the

The S&P 500 and Nasdaq notched fresh records as investors dial back worries as a U.S.-China trade deal nears and tensions ease between Iran-Israel. Microsoft and Nvidia also hit records, as Nike shares lead Dow.

The US stock market on Friday hit an all-time high, its first since mid-February. It marked the culmination of a remarkable recovery on Wall Street since flirting with bear market territory in early April.