S&P 500 and Nasdaq hit record highs, helped by Alphabet's results and raised spending plan. Dow falls. Earnings, trade deals, Fed's Powell in focus ...

Strong earnings and continued spending from Alphabet boosted the broad S&P 500 and tech-laden Nasdaq to fresh record highs.

The S&P 500 closed at a record on Friday, as the index marked the first time since November 2021 that it hit closing highs every day in a week. The market benchmark rose 0.4%. The Nasdaq Composite ...