US stocks hold near their records in early trading

NEW YORK AP Wall Street is hanging near its records following a few better-than-expected updates on the commercial sector 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 disclosed huge increases in sales and profit from a year ago sending its stock up Netflix reports after the closing bell