NEW YORK (AP) — The U.S. stock market is ticking toward the edge of its all-time high on Friday as Wall Street drifts toward the finish of a quiet week .

The S&P 500 rose 0.3% and is just 0.2% below its record. The Dow Jones Industrial Average was up 46 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.4% higher. The Russell 2000 index of small stocks edged back 0.2% from its record set the day before.

Netflix offered some splash and fell 2.1% after the streaming company said it would buy Warner Bros . following its split from Discovery Global. Netflix will pay $72 billion in cash and stock for the company behind HBO Max, “Casablanca” and “Harry Potter,” and Warner Bros. Discovery rose 2.6%.

Ulta Beauty jumped 11% after the retailer reported stronger prof

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