Records Bonds: Points and Benchmarks Fare

records bonds: The Nasdaq Composite Index COMP, 0.34% advanced 27.72 points, 0.3%, to close at 8,146.40, according to Market Watch. For the week, the Dow fell 0.1%, the S&P 500 climbed 1.2% and the Nasdaq rallied 1.9%, its fifth weekly gain in a row. How did the benchmarks fare The Dow Jones Industrial Average DJIA, 0.31% rose 81.25 points, or 0.3%, to end at 26,543.33, while the S&P 500 index SPX, 0.47% added 13.71 points, or 0.5%, to finish at 2,939.88. See Stock markets are ringing up records and bonds are rallying too What drove the market The U.S. economy grew at an annual rate of 3.2% in the first quarter, well above the 2.3% estimated by economists polled by Market Watch and faster than the 2.2% rate seen in the fourth quarter. Read The big mystery in the GDP report where did the inventories come from Opinion Behind that great GDP number, the real economy is slumping Nevertheless, such evidence of continued strength in the U.S. economy is in contrast to reports abroad, where economies of the developed world are facing significant headwinds. The unusual strength in Friday's report can be attributed, in part, to a rise in inventories and exports that analysts say aren't likely to continue in the year ahead, potentially setting the stage for weaker economic growth in the quarters to come. (news.financializer.com). As reported in the news.