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.
The Dow Jones industrial average rose 53.62 points, or 0.29 percent, to 18,570.85, the S&P 500 gained 9.86 points, or 0.46 percent, to 2,175.03 and the Nasdaq Composite added 26.26 points, or 0.52 percent, to 5,100.16.
The S&P 500 is up more than 6 percent in 2016, shaking off a rough start to the year and global instability, including Britain's recent vote to leave the European Union.
GE shares slid 1.6 percent. The US industrial conglomerate reported weak demand for new oil, gas and transportation equipment.
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