(CNBC) U.S. equities closed mixed on Friday, but managed another record close, while investors kept an eye on France's presidential election.
"Investors right now continue to shrug off almost all bearish news and continue buying stocks," said Adam Sarhan, CEO of 50 Park Investments. "Pullbacks now last hours; not days."
"Right now, we're in a state of unadulterated buying in the market," he said.
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The Dow Jones industrial average closed just above breakeven, with UnitedHealth contributing the most losses and Boeing the most gains.
