(CNBC) U.S. equities closed at all-time highs on Friday, as the major indexes posted their best week since the election.
The Dow Jones industrial average rose about 130 points heading into the close, with 3M and Apple contributing the most gains. The Nasdaq composite gained about 0.5 percent, as Apple advanced more than 1.5 percent.
"It's a great time; everyone's having fun. But people need to remember that bull markets don't end on pessimism; they end in euphoria. I'd advise people to not get too euphoric," said Sean O'Hara, director at Pacer Financial.
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The S&P 500 gained 0.6 percent, with consumer staples and health care leading advancers.