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epa06922053 A trader works on the floor of the New York Stock Exchange in New York, New York, USA on August 1, 2018. EPA-EFE / JUSTIN LANE ORG XMIT: JLX04(Photo: EPA-EFE)

Nothing seems to slow down the bull on Wall Street, not commercial fears, not natural disasters or any other perceived market risk.

The US stock market recorded new records on Thursday, as the Dow Jones Industrial Average and the Standard & Poor's 500 Index Index both reached intraday highs, adding to the gains already made. Longest run of bulls in the history of Wall Street.

Investors seem to ignore concerns over the ongoing trade fight between the United States and its trading partners, including the fierce battle between President Donald Trump and China, the world's second-largest economy. Even though Trump hit China with a 10% tariff on additional $ 200 billion worth of goods this week, the levy was lower than the 25% fears on Wall Street.

Instead, investors are focusing on a healthy US economy, with the help of fiscal stimulus such as tax cuts, says Lindsey Bell, investment strategist at CFRA, a leading research firm. Wall Street. The government said the number of Americans applying for Employment Benefits fell to a 49-year low in the week ending September 15th.

"New highs are fueled by strong economic data," says Bell. "The market seems to be in a much more disastrous situation with regard to tariffs and given the lower tariff rate, the market is progressing".

At its peak on Thursday, the Dow was up almost 1%, about 250 points, to a record high of 26,654.19, eclipsing its record high of 26,616.71 from January 26th.

With regard to today 's trading action, the S & P 500 has grown by nearly 9% this year and the Dow Jones by almost 7%.

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The bullish outlook for businesses and consumers is once again encouraging investors to bet on US companies that are posting solid results when the Q3 earnings season begins in early October. Analysts predict that companies in the S & P 500 index will increase their profits by more than 22% between July and September.

A better performance by some market players who did not perform well at the start of the year also gives the market a boost, Bell says. It notes that shares of industrial companies are up 3.4% this month, while the materials and financial services sector rose by 1.5% and 1.3% respectively.

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While acknowledging that the US economy is doing well thanks to Trump's pro-growth policies, which "surpass all other issues," Horizon Investments Chief Strategist Greg Valliere warns that the biggest risk to the market could be too optimistic.

"I would worry if an euphoric mood was felt – it's traditionally a harbinger," said Valliere at USA TODAY'S HUI.

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