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Stock market closes at record high, bull run intact



trader celebrateGetty Images / Scott Olson

  • The S&P
    closed at a record high on Friday.
  • That erases any doubt about if this is the
    longest-running bull market in histroy.
  • The benchmark index hit a record on Wednesday, but
    didn’t close at a new high.

The S&P
closed at a record high on Friday, solidifying the bull
market as the longest of all time. 

The benchmark index gained 0.62% to settle at 2874.69, eclipsing
its January record-high close of 2872.87. Friday’s gain was
significant as it left no doubt that we are now in the midst of
the longest-running bull run in US stock market history.

After an intraday record
high was hit on Wednesday
, some on Wall Street suggested

the record technically wouldn’t fall until the index closed at a
new high

Friday’s biggest S&P 500 gainers included Autodesk (+15.13%),
AMD (+7.49%), and Netflix (+5.63%) while Foot Locker (-9.21%),
Gap (-8.54%), and Macy’s (-4.33%) lagged. 

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