Stocks gain ground and put Wall Street on a path for all-time highs

NEW YORK (AP) — Stocks rose in afternoon trading Friday and put Wall Street on track to close a strong week at an all-time high.

The S&P 500 rose 0.7% and is set to surpass its record reached in February. The Nasdaq composite rose 0.6% and is also on track for a record. The Dow Jones Industrial Average rose 1.2%, or 510 points, to 43,898 as of 12:13 p.m. Eastern.

A record for the S&P 500 would mark a sharp turnaround from several months ago, when the key measure of Wall Street’s health fell nearly 20% from the February high on fears that President Donald Trump’s trade policy

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