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New York • Stocks are edging higher in early trading as the market continues a record-setting run.

The Dow Jones industrial average and the Standard & Poor's 500 index opened at record highs Friday, as did the Russell 2000 index of small-company stocks.

Trading was relatively quiet as traders returned from the Thanksgiving holiday in the U.S.

Safe-play stocks like utilities and phone companies were among the biggest winners in early trading. Banks and energy companies fell.

At 7:35 Mountain time, the Dow was up 38 points, or 0.2 percent, to 19,122 shortly after the opening bell. The S&P 500 index rose 2 points, or 0.1 percent, to 2,207. The Nasdaq composite was little changed at 5,381.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.36 percent.