Framed, Chapter 1: She was the PTA mom everyone knew. Who would want to harm her?

Wells Fargo

Stocks climb, approaching record highs again

Stocks climb, approaching record highs again

Stocks are rising Friday, the latest nudge forward for a market that has taken a slow and steady path to record highs. Telecom and utility stocks led the way, as they have for much of this year.

The Standard & Poor's 500 index was up 8 points, or 0.4%, to 2,173 at 2:22 p.m. Eastern time. The Dow Jones industrial average rose 28, or 0.2%, to 18,545. The Nasdaq composite advanced 28, or 0.6%, to 5,102.

The S&P 500 recovered most of its 0.4% loss from a day earlier.

ANALYST'S TAKE: “I think people are a little more sensitized, where any tick lower in the market creates this ‘buy on the dip’ mentality,” said Brian Jacobsen, chief...