The Dow Jones Industrial Average is pulling back in morning trade Friday from the previous day’s record close, but broader-market internals suggest the stock market is gaining ground. The number of advancing stocks is outnumbering decliners by a 1,381-to-1,161 margin on the NYSE and by a 1,287-to-941 score on the Nasdaq. Meanwhile, the S&P 500 is little changed and the Nasdaq Composite is up 0.1%, but the Dow was down 36 points, with 21 of 30 components losing ground.
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