Wall Street hangs near its records after an 8-day winning streak WSOC TV [Video]

NEW YORK — (AP) — U.S. stocks are holding near their record levels on Tuesday following their eight-day winning streak.

The S&P 500 was virtually unchanged in early trading. It’s hanging within 1% of its all-time high after falling nearly 10% below the mark earlier this month. The Dow Jones Industrial Average was down 82 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% higher.

Palo Alto Networks was helping lead the market with a gain of 6.6%. The cybersecurity company became the latest big business to report stronger profit and revenue for the latest quarter than analysts expected. Companies in the S&P 500 are on track to report their best growth in earnings per share since the end of 2021, according to FactSet.

Lowe’s likewise topped analysts’ forecasts for profit in the spring, but its stock was more restrained. The home improvement retailer said it’s facing …