NEW YORK, N.Y. - U.S. stocks are pushing further into record territory.
Investors were encouraged by a report that manufacturing expanded in the Midwest this month at a faster pace than economists were expecting.
The Standard & Poor's 500 index rose 13 points, or 0.7 per cent, to 1,837 as of noon Friday. The index closed at a record high the day before.
The Dow Jones industrial average rose 110 points, or 0.7 per cent, to 16,383. The Nasdaq composite rose 19 points, or 0.5 per cent, to 4,338.
Nine of the 10 industries in the S&P 500 rose.
The S&P 500 index is up 5 per cent this month, recovering all the ground it lost in January.
Bond prices fell. The yield on the 10-year Treasury note increased to 2.68 per cent from 2.64 per cent late Thursday.
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