Treasury yields up

NEW YORK (AP) — Treasury yields powered higher Friday and two major stock indexes notched more record highs after a report showed the U.S. job market is making widespread improvements. The S&P added 0.2% and the Dow rose 0.4%, both marking all-time highs. Declines for several Big Tech companies helped pull the Nasdaq composite down 0.4%. The government’s monthly jobs report showed that hiring was stronger across the economy in July versus economists’ expectations. That raised expectations for the Federal Reserve to soon pare back its assistance for the economy.