UNDATED (AP) – The bulls are running on Wall Street and many traders are wondering how long the good times will last.
The stock market brushed past another milestone on Friday.
The S&P 500 index closed above 1,800 for the first time, capping seven straight weeks of gains.
The broader index is on track for its best performance in 15 years as a combination of solid corporate earnings, a strengthening economy and easy-money policies from the Federal Reserve draw investors to stocks.
On Friday, the S&P 500 index rose nine points, to 1,804. The index has advanced 26.5 percent in 2013. If it finishes at that level, it would be its strongest year since a 26.7 percent gain in 1998.
The Dow Jones industrial average also continued its upward march after finishing above 16,000 for the first time Thursday. The index gained 55 points, to 16,064 on Friday.
The Nasdaq composite rose 22 points, to 3,991.