LIVE MARKETS-Wall Street ends the week with a lackluster mix

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

WALL STREET ENDS THE WEEK WITH A LACKLUSTER MIX

Wall Street's three main indexes made some half-hearted moves for Valentine's Day, but the Nasdaq composite .IXIC was the most decisive about making an advance on the day with a 0.4% gain versus the S&P 500's .SPX 0.01% edge lower.

The Nasdaq 100 .NDX did manage to eke out a record closing high. And the tech elite NYFANG+ .NYFANG index also boasted a record closing high for the second day in a row.

The S&P 100 .OEX rising just 0.09%, also boasted a record close for a second-straight day.

The tech-heavy Nasdaq composite .IXIC marked its strongest weekly gain since early December, adding ~2.6%, for the week, while the S&P 500 advanced 1.47%.

The Dow Industrials .DJI on the other hand closed down 0.37% on the day after spending the vast majority of Friday in the red. For the week, the blue-chip average rose 0.55%.

Since U.S. stocks have had a good run for the last 10 years and current valuations and investor hopes are high, Philip Straehl, Chief Investment Officer for the Americas at Morningstar Wealth, sees slower gains for the next 10 years.

After 13.1% annualized gains that outpaced global markets over the last 10 years, Straehl's expectation is for a 5.6% nominal return for the next 10 years for U.S. equities compared with a 9.6% gain for other developed markets and 11% gains for emerging market stocks.

"Because expectations are so high, it creates a high bar for the market," Straehl said in an interview.

Back to Friday's barely eaten chocolates, meanwhile, the strongest flavors among the 11 major S&P 500 industry indexes were technology .SPLRCT, adding 0.6%, and the biggest laggard was consumer staples .SPLRCS, which lost 1.16%.

Healthcare .SPXHC was close behind with a 1.11% loss.

Here is your closing snapshot:

(Sinéad Carew, Terence Gabriel)

FOR FRIDAY'S EARLIER LIVE MARKETS POSTS:

RALLY IN US STOCKS MAY BE BROADENING OUT - DATATREK - CLICK HERE

TRY THE DOMESTIC TO DILUTE THE TASTE OF TARIFF WORRIES - CLICK HERE

INDIVIDUAL INVESTOR PESSIMISM IS "UNUSUALLY HIGH" - AAII - CLICK HERE

SOARING COCOA COSTS ADD A BITTERSWEET NOTE TO VALENTINES - CLICK HERE

MY DREARY VALENTINE: RETAIL SALES, ET AL - CLICK HERE

U.S. EQUITIES SIT BACK AND CONSIDER RETAIL SALES, RATES - CLICK HERE

BREADTH CHECK: TALE OF TWO TAPES - CLICK HERE

EUROPE TO BAT AWAY U.S. TARIFFS, WEAKER CURRENCY TO HELP - CLICK HERE

IT'S HARD TO SHORT FRENCH BONDS - CLICK HERE

STOXX DOWN, LUXURY SECTOR BOOSTED BY HERMES - CLICK HERE

EUROPE BEFORE THE BELL: FUTURES MIXED, MARKETS SET FOR WEEKLY RISE - CLICK HERE

TARIFF WORRIES WANE, HERMES EARNINGS AWAIT - CLICK HERE