Stocks traded higher Friday in another record-setting day on Wall Street, with a batch of stronger-than-expected economic data and corporate earnings results helping fuel a risk rally.
The stock market continued to move higher on Friday, finishing a strong week and leaving the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) at record highs. You didn't even have to give up on large-cap stocks entirely to benefit from this trend.
The stock market moved higher again on Friday, although the Nasdaq Composite (NASDAQINDEX: ^IXIC) struggled to climb into positive territory. As of just before 3 p.m. EDT, the Nasdaq was up less than 0.1%. Investors have been happy with the returns that the Nasdaq and other major market benchmarks have generated over the past year, but they've been increasingly nervous about whether the stock market is moving into bubble territory.