NEW YORK (AP) — The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy's , Marvell Technologies and other companies.

The S&P 500 rose 0.3% and pulled within 0.6% of its all-time high set in late October. The Dow Jones Industrial Average was up 334 points, or 0.7%, as of 12:35 p.m. Eastern time, and the Nasdaq composite rose 0.1%.

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