NEW YORK (AP) — Wall Street tacked on some more gains Friday as it glided to the finish of its latest record-setting week.

The S&P 500 rose 0.5% to close out its sixth winning week in the last seven. The Dow Jones Industrial Average added 172 points, or 0.4%, and the Nasdaq composite climbed 0.7%.

All three hit all-time highs for a second straight day . They’ve been rallying on expectations that the Federal Reserve will continue to cut interest rates in order to give the economy a boost after the central bank lowered them for the first time this year on Wednesday.

FedEx helped lift the market after delivering stronger profit and revenue for the latest quarter than analysts expected. It rose 2.3%, thanks in part to strength for its domestic package business.

Newmont rallied 4.3% aft

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