Both the S&P500 and Nasdaq edged higher to their fifth consecutive record close in 2018 - Dow slipped -13-points or -0.05% to snap a four-session advance. The broader S&P500 edged +0.17% higher, with utilities and real estate leading the gains. The technology-centric NASDAQ +0.29%. In stock-specific moves, GoPro Inc slumped -12.77% after the company cut its outlook, announced layoffs and said it was exiting the drone business. To put some context around the magnitude of the US equity market rally, from the low point of the Financial Crisis on 9 March, 2009, the market capitalisation of the US stockmarket has grown from US$7.6 trillion to US$29.99 trillion - comfortably the biggest creation of stockmarket wealth in history.
