The S&P 500 edged up 0.1%, while the Nasdaq Composite hovered near the flatline. The Dow Jones Industrial Average rose 44 points, or 0.1%. The muted action comes ahead of a critical stretch for markets, with more than 150 S&P 500 companies scheduled to report earnings next week.

U.S. stocks are ticking toward more records and coasting toward the close of another winning week. The S&P 500 was up 0.1% in early trading Friday, coming off its latest all-time high. The index is on track to finish its fourth winning week in the last five.

By Naomi Rovnick and Kevin Buckland LONDON/TOKYO (Reuters) -Investors cashed out of record-high global stocks on Friday and the dollar headed for its first weekly drop in four, as markets trembled ahead of next week's U.

Wall Street's S&P 500 and Nasdaq Composite surged to a fresh all-time high on Thursday, following upbeat quarterly earnings reported by Google-parent Alphabet. The S&P 500 rose 0.2% to 6,371.9, whereas the Nasdaq Composite climbed 0.42% to 21,107.83.

The S&P 500 reached another record high but US stocks ended trading day mixed as GM shares plunged in the wake of tariffs hit

Stocks Hit Record Highs, ... The Morningstar US Market Index hit a record on Wednesday, Jan. 24, meaning stocks have now recovered all the losses that began piling up at the beginning of 2022.