The Dow and the S&P 500 hit record highs on Friday following positive earnings from American Express, while the Nasdaq was pressured after social media giants including Facebook tumbled on Apple privacy tweak worries. The benchmark index hit an intraday record for the second straight session and was set for weekly gains of 1.8 percent, extending a bullish run for the third consecutive week. “The S&P is making new highs while we’re in the middle of the supply chain issue so the market is telling you ‘I know about this and I’m not worried’,” Eric Diton, managing director of investment advisory firm The Wealth Alliance, said. “We’re still in a very low interest rate environment, coupled with a global economic recovery that is going to have fits and starts and a still accommodative Federal Reserve … that is not the input for a major bear market.” Nine of the 11 …