Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates.

Wall Street closed flat on Friday, hovering near the previous session's record-high close for the Dow and S&P 500, while the dollar firmed as investors digested the Federal Reserve's 50-basis-point cut midweek that started a rate reducing cycle.

Wall Street Week,” the venerable program that has been around in one form or another since 1970, is moving beyond its usual focus on the ups and downs of the stock market. The program, which was originally produced by Maryland Public Television and hosted by Louis Rukeyser,