While much of Wall Street celebrates another record-breaking day, two major market averages are still underwater this year.

As of late Friday morning, the Dow Jones Industrial Average (DJI) and Dow Transports are trading more than 0.50% off on the year. That makes them the only major market indexes in the red in 2014.

This is despite the fact that the S&P 500 (GSPC) and Russell 2000 have set new all-time highs and the Nasdaq Composite (IXIC) is trading at levels unseen in almost 14 years (since April 10, 2000).

Index

Last

Change

% Chg

YTD%

Dow Jones Industrial Average

16369.59

96.94

0.60%

-1.25%

S&P 500

1865.17

10.88

0.59%

0.91%

NASDAQ Composite Index

4336.33

17.40

0.40%

3.82%

NASDAQ-100 Index

3716.72

16.92

0.46%

3.47%

DJ 20 Transportation Average

7354.80

38.51

0.53%

-0.62%

S&P Mid Cap 400

1377.76

5.78

0.42%

2.62%

S&P Small Cap 600

670.84

3.35

0.50%

0.80%

Russell 2000

1192.54

4.59

0.39%

2.48%

Russell 1000

1044.63

5.75

0.55%

1.39%

Russell 3000

1124.62

6.04

0.54%

1.47%