Market Snapshot: This aging bull market can grind out more all-time highs

This bull market may be long in the tooth, but stocks could still nudge higher next week if earnings continue to surprise on the upside and data reinforce the perception that the U.S. economic recovery remains intact.

The S&P 500 SPX, +0.16% rallied 3.6% in July for a five-month winning streak that brought its year-to-date gains to 6.3%. The Dow Jones Industrial Average DJIA, -0.13% added 2.8% in July — its sixth consecutive monthly advance — to climb 5.8% this year, while the Nasdaq Composite COMP, +0.14% jumped 6.6% in July to bring its 2016 advance to 3.1%.

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