Stocks moved further into record territory on Wall Street. The S&P 500 rose 0.3% Thursday, its second record in a row. The Dow Jones Industrial Average climbed 0.2%, eking out an all-time high of its own. The Nasdaq composite added 0.5%. The advances were driven largely by gains in huge tech companies including Broadcom, Alphabet and Amazon, even as many stocks fell. Spam maker Hormel sank after reporting earnings that fell short of Wall Street’s forecasts and cutting its outlook for the year. Treasury yields were little changed in the bond market following some mixed reports on the economy.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

Stocks on Wall Street moved further into record territory in afternoon trading Thursday, following new economic data and a mixed batc

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