Wall Street rose on Friday, clinching the fourth straight positive week for the stock market, boosted by strength in telecom stalwarts AT&T and Verizon.
A US manufacturing report also came in above expectations, building on upbeat data from earlier in the month. Gains were limited by weakness in reports from industrial companies including General Electric.
The S&P and Dow have broken to all-time records in the past two weeks for the first time in more than a year amid a better-than-feared corporate earnings season. The S&P closed at another record high on Friday.
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