NEW YORK (AP) — Stocks are edging higher on Wall Street, keeping the market on track for its third weekly gain in the last four. The S&P 500 was up 0.3% in early trading Friday. The Dow Jones Industrial Average added 143 points, or 0.3%, and the Nasdaq added 0.4% to the all-time high it set a day earlier. Expedia and Gilead Sciences both rose sharply after reporting results that easily beat analysts’ forecasts. Both companies also raised their outlooks. Asian markets closed mostly lower except in Tokyo, where the Nikkei rose 1.9%. European markets were mixed. Treasury yields were higher.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
MANILA, Philippines (AP) — World shares were mixed on Friday, with Asian stocks mostly lower while Tokyo's benchmark spiked more than 2%