By STAN CHOE, Associated Press Business Writer
NEW YORK (AP) — U.S. stocks are adding to their records on Friday as Wall Street cruises toward the finish line of another winning week.
The S&P 500 rose 0.2% and is heading for its seventh winning week in the last nine. The Dow Jones Industrial Average was up 167 points, or 0.4%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.2% higher. All three indexes are coming off all-time highs set the day before.
Trading could get bumpier later in the morning after reports come out showing how businesses in U.S. services industries are doing. Ahead of them, Treasury yields in the bond market were also holding relatively steady.
Usually, the first Friday of each month has Wall Street focused on the monthly jobs update that the U.S. g