NEW YORK (AP) — Stocks held relatively steady near their record highs as investors pored over a mixed batch of earnings reports from big U.S. companies. The S&P 500 was up 0.2% in early trading Thursday, adding to the all-time high it set a day earlier. The Dow Jones Industrial Average was little changed, and the Nasdaq composite was up 0.3%. Spam maker Hormel fell sharply after reporting earnings that fell short of Wall Street’s forecasts and cutting its outlook for the year. Treasury yields were flat in the bond market following some mixed reports on the economy. European and Asian markets were mixed.

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

MANILA, Philippines (AP) — World shares were mixed Thursday after modest gains on Wall Street lifted the S&P 500 to anoth

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