The Nasdaq Composite was set to close out a wacky week with a record close on Friday as the stock market grinded higher. The Nasdaq is on pace for its best week since June 27, while the S&P is riding its best week since the holiday-shortened one that ended on July 3. “U.S. equity futures are moderately in the green, but who knows what that really means when they were soaring this time yesterday, and what happened was that an intra-day +310-point surge in the Dow morphed into a -224 point decline at the close,” Rosenberg Research's David Rosenberg wrote earlier in the morning.
