U.S. stocks finished marginally higher on Friday to set another round of record closes.
The Dow Jones Industrial Average added 28 points, or 0.1%, for a new all-time high. The S&P 500 gained 0.5% and the Nasdaq Composite rose 0.5% after both closed at record highs in the previous session. The major averages are still on track to post a positive week near record levels, though the strong rally to begin February has taken a slight breather. The blue-chip Dow posted two little changed days this week, while the S&P 500 fluctuated within 0.2% for three days in a row.
"Is the path to much higher equities becoming smaller ... to put it differently, are the bulls attempting to thread a needle? Seems that way near term," Dennis De Busschere, macro research analyst at Evercore ISI, said in a note.
Comical market. Everyday is the same game where jpmorgan blackrock GoldmanSachs desperately pump to keep the Ponzi and the Wall Street propaganda to “don’t fight the FED” alive. One day chart is hilarious 🤣
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