New York, Dec 28 (AFP/APP): Wall Street had a mixed finish to a quiet week Friday, with the Dow edging to a fresh record, but the Nasdaq retreating after 10 straight all-time highs. The muted session in New York came after European bourses edged higher after two straight holidays, while the dollar pulled back. The Nasdaq dipped 0.2 percent but still finished above 9,000 at 9,006.62 after first topping the benchmark on Thursday. Analysts have attributed the latest run of records to upbeat investor sentiment based on a lower risk of recession in the immediate future, a mellowing of US-China trade tensions and accommodative monetary policy. Stocks have followed a nearly unbroken line upward since early October, drifting higher much of this week amid low trading volumes in the period between the Christmas and New Year’s holidays. “It’s a market that’s gotten used to the fact that a lot of the things that were concerning last year feel better this year,” said Art Hogan, chief market strategist at National Securities. Still, some market watchers expect a pullback in the foreseeable future in light of the market’s nearly unbroken run higher. Stocks have risen to higher-than-normal valuations as a result of … Continue reading Nasdaq streak of records ends after mixed session for Wall Street