NEW YORK -- Strong profit reports by Microsoft Corp. and Sun Microsystems Inc. fueled another strong day for technology stocks, leading most market measures farther into record terrain. Dow up 9.78
The Dow Jones industrial average rose 9.78 today to 9,337.97, its third record close this week after a two-month drought.
The Dow rose 232.23 for the week, extending this year's gain to 18.1 percent.
The Standard & Poor's 500 rose 2.76 to 1,186.75, and the Nasdaq composite index, which yesterday crossed 2,000 for the first time, posted its eighth straight record as it rose 8.20 to 2,008.76.
Decliners outnumbered advancers by a 10-to-9 margin on the New York Stock Exchange, with 1,384 up, 1,548 down and 586 unchanged.
NYSE volume totaled 613.78 million shares vs. 676.49 million in the previous session.
The NYSE composite index rose 0.76 to a record 600.75, crossing 600 for the first time.
The American Stock Exchange composite index rose 4.42 to 736.23.
The Russell 2000 index of smaller companies fell 1.28 to 462.36.
The benchmark 30-year Treasury bond fell 1/4, or $2.50 per $1,000 bond, to 105 12/32, pushing the yield up 1 basis point to 5.74 percent, its highest point since June 17.
In economic news, the Commerce Department reported that the U.S. trade deficit in goods and services climbed to $15.7 billion in May as the economic troubles in Asia helped push U.S. exports to the lowest level in 15 months.
Overseas, Tokyo's Nikkei stock average fell 1 percent, Frankfurt's DAX index rose 0.9 percent and London's FTSE 100 rose 0.9 percent.