Image source: Fossil Group.
The Dow Jones Industrials jumped up to another record close on Friday, but the S&P 500 broke its four-day record streak with a slight loss on the day. Not even a terrorist attack in southern France was enough to dispel all the optimism in the U.S. stock market, and investors instead seemed to rely on fundamental strength in the U.S. economy to justify keeping stock prices near their high-water marks.