Epic US Markets Update

The Dow and the S&P 500 hit new highs on Friday for a sixth straight week of gains, as investors continued to take cues from Federal Reserve Chair nominee Janet Yellen, who told a Senate Committee it was too early to end the central bank’s stimulus.

The Dow Jones industrial average was up 85.48 points, or 0.54 percent, at 15,961.70. The Standard & Poor’s 500 Index was up 7.56 points, or 0.42 percent, at 1,798.18. The Nasdaq Composite Index was up 13.23 points, or 0.33 percent, at 3,985.97.