By STAN CHOE, Associated Press Business Writer

NEW YORK (AP) — Wall Street is coasting toward the finish of its latest record-setting week on Friday.

The S&P 500 edged up by 0.1% and was on track to close out its ninth winning week in the last 10. The Dow Jones Industrial Average was up 17 points, or less than 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.3% higher.

All three hit all-time highs the day before , as did the small stocks in the Russell 2000 index, which finally surpassed its prior record set in 2021. Stocks have widely been rallying on expectations that the Federal Reserve will continue to cut interest rates in order to give the economy a boost after it lowered them for the first time this year on Wednesday.

FedEx helped keep the market stable aft

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