Wall Street maintains a bullish bias

Stocks were mixed with the gains across the board while the NASDAQ stole the show. 

Oil tailed off and weighed on stocks mid-end of session, but the S&P 500 still managed to be closing up less than a point at 2,181.74, after setting another record high of 2,187.69 earlier in the day. The Dow Jones Industrial Average finished with a 3.76 point gain, or less than 0.1%, at 18,533. The Nasdaq Composite Index gained 12.34 points, or 0.2%, to 5,225.48 and made an all-time closing high as well. 

Investors remain optimistic despite the US GDP results with anything but particularly strong data. There is just very little else in global markets that offer a yield and the trend is a slow boring grind to the upside, which is quite typical in a bull market at all time highs.  Of particular note was the surprisingly strong nonfarm payrolls headline that has inflated the bubble further and helped to propel the NASDAQ to all time highs this week. 

The weaker the economy is, the more jobs the US economy seems to create?