Wall Street edges higher, led by telecoms; GE weighs

Wall Street edged up on Friday back toward record levels, as AT&T and Verizon led telecom stocks higher, but gains were limited by weakness in industrials after General Electric's tepid quarterly report. "Some of those are earnings reports, but they all line up to the same thing: It looks like growth is quickening.” The Dow Jones industrial average rose 27.81 points, or 0.15 percent, to 18,545.04, the S&P 500 gained 7.46 points, or 0.34 percent, to 2,172.63 and the Nasdaq Composite