NEW YORK (AP) — U.S. stock indexes inched further into record territory Wednesday after AT&T, Boeing and others joined the parade of big companies reporting stronger profits than analysts expected. Stocks that pay big dividends were particularly strong after the Federal Reserve took a pause in its slow-moving campaign to lift interest rates and Treasury yields sank lower.
The Standard & Poor’s 500 index edged up by 0.70 points, or less than 0.1 percent, to 2,477.83.
The Dow Jones industrial average gained 97.58 points, or 0.5 percent, to 21,711.01.
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The Nasdaq composite rose 10.57 points, or 0.2 percent, to 6,422.75.
The Russell 2000 index of smaller-company stocks dipped 8.11 points, or 0.6 percent, to 1,442.28.
For the week:
The S&P 500 is up 5.29 points, or 0.2 percent.
The Dow is up 130.94 points, or 0.6 percent.
The Nasdaq is up 34.99 points, or 0.5 percent.
The Russell 2000 is up 6.44 points, or 0.4 percent.
For the year:
The S&P 500 is up 239.00 points, or 10.7 percent.
The Dow is up 1,948.41 points, or 9.9 percent.
The Nasdaq is up 1,039.63 points, or 19.3 percent.
The Russell 2000 is up 85.15 points, or 6.3 percent.