By DAMIAN J. TROISE, Associated Press Business Writer
NEW YORK (AP) — Stocks rose in morning trading on Wall Street Friday, keeping the market on track for its third weekly gain in the last four.
The S&P 500 was up 0.6% and sitting just below its record. The benchmark index is on track to recover most of its losses from a slide last week.
The Dow Jones Industrial Average rose 188 points, or 0.4%, as of 9:57 a.m. Eastern. The Nasdaq added 0.6% to the all-time high it set a day earlier.
Gilead Sciences jumped 8.4% for one of the biggest gains on the market. It reported financial results that easily beat analysts’ forecasts, while also raising its earnings forecast for the year.
Expedia Group also notched one of the biggest gains, advancing 6.6% after also reporting encouraging financial