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Wall Street ticks toward a record as PepsiCo and tech stocks rally

NEW YORK (AP) — Wall Street is ticking toward a record on Thursday following some better-than-expected updates on the economy and a mixed set of profit reports from big U. S. companies. The S&P 500 was up 0. 4% in afternoon trading and on track to top its all-time high set a week ago. The Dow Jones Industrial Average was up 125 points, or 0. 3%, as of 1:01 p. m. Eastern time, and the Nasdaq composite was adding 0. 8% to its record set the day before. Trading was calmer than Wednesday’s, by...

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