US stocks hold near their records in early trading

NEW YORK AP Wall Street is hanging near its records following specific better-than-expected updates on the economic system and a mixed set of profit reports from big U S companies The S P was up in early trading Thursday The Dow Jones Industrial Average was up points and the Nasdaq composite added to its record set the day before PepsiCo rose after the beverage and snack giant s second-quarter sales and profit topped Wall Street projections The world s largest chipmaker TSMC informed huge increases in sales and profit from a year ago sending its stock up Netflix reports after the closing bell