ECONOMY

US stocks push further into record territory as earnings come in strong; Whole Foods jumps

A statue of George Washington stands near The New York Stock Exchange, background, Wednesday, Oct. 8, 2014 in New York. World stock markets mostly retreated Thursday Nov. 6, 2014 as investors awaited a European Central Bank policy meeting and a U.S. jobs report that might deliver a verdict on whether the Federal Reserve's withdrawal of stimulus was warranted. (AP Photo/Mark Lennihan)

A statue of George Washington stands near The New York Stock Exchange, background, Wednesday, Oct. 8, 2014 in New York. World stock markets mostly retreated Thursday Nov. 6, 2014 as investors awaited a European Central Bank policy meeting and a U.S. jobs report that might deliver a verdict on whether the Federal Reserve's withdrawal of stimulus was warranted. (AP Photo/Mark Lennihan)  (The Associated Press)

The U.S. stock market edged further into record territory as traders were encouraged by the latest corporate earnings.

The Standard & Poor's 500 index rose seven points, or 0.4 percent, to 2,031 Thursday.

The Dow Jones industrial average rose 69 points, or 0.4 percent, to 17,554. The Nasdaq composite gained 17 points, or 0.4 percent, to 4,638.

Whole Foods Market jumped 12 percent, the most in the S&P 500, after reporting earnings that beat analysts' estimates.

European stocks rose and the euro fell after the president of the European Central Bank said the bank is preparing the groundwork for further stimulus measures.

The price of oil fell 77 cents to $77.91 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.38 percent.