Dow and S&P are hitting records in intraday trading on Friday, April 16.
The Dow closed at a record high of 34,035 on Thursday and the S&P 500 reached an all-time high after U.S. retail sales and jobless claims and solid earnings reports pointed to a recovering domestic economy.
And investors heard from Morgan Stanley Friday morning when the bank posted earnings that beat expectations.
TheStreet's Martin Baccardax wrote that earnings came in at $2.19 per share, up 116% from the same period last year and firmly ahead of the Street consensus forecast of $1.70 per share. Group revenues, Morgan Stanley said, rose 65% to $15.7 billion, again topping analysts' forecasts of a $14.1 billion tally.
Bitcoin was a big topic on TheStreet Live: Everything Jim Cramer Is Watching Friday... Watch the clip above to hear what he says about taking Bitcoin profits and click below to see the whole show.