Here's Why Investors Are in Love With the Stock Market

There's a reason stocks keep hitting record highs this summer. Investors are hungry for yield and they can only find it in stocks. 'People want to buy U.S. equities and it seems to be the only game in town,' said NYSE trader Keith Bliss of Cuttone & Co. 'All investors are now trying to chase yield.' He said 40 percent of the S&P 500 provides a higher yield than a 30-year U.S. government bond. U.S. stocks slipped Friday with the Dow Jones Industrials Average nearing a triple-digit loss at one point. TheStreet's Scott Gamm reports from the floor of the New York Stock Exchange.