Stocks gain momentum, on track for best week since July; Dollar rebound keeps advance in check

Stocks edge higher, adding to the week’s big gains

NEW YORK — The stock market is keeping its momentum going and giving stocks their best week in more than two months.

The Dow Jones industrial average is at a new high for the year as health care and utility stocks rise.

Major stock indexes rose 4 percent for the week, their best run since July.

Bond prices have tumbled, extending a slide over worries about lackluster demand at a government debt auction Thursday.

The Dow is up 78 at 9,865. The Standard & Poor’s 500 index is up 6 at 1,071. The Nasdaq composite index is up 15 at 2,139.

Three stocks rose for every two that fell on the New York Stock Exchange. Volume totaled 990 million shares compared with 1.3 billion Thursday.