NEW YORK (AP) — U.S. stocks are heading for records on Friday after un update on inflation came in a bit less painful than feared.

The S&P 500 rose 0.8% and was on track to top its all-time high , which was set earlier this month. The Dow Jones Industrial Average added 267 points, or 0.6%, and was likewise heading for its own record , while the Nasdaq composite was up 1%, as of 9:35 a.m. Eastern time.

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