Markets Right Now: After a slow start, stocks turn higher - InfoNews

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Markets Right Now: After a slow start, stocks turn higher

FILE- In this March 11, 2019, file photo trader John Panin, right, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, March 14. (AP Photo/Richard Drew, File)
March 14, 2019 - 9:04 AM

NEW YORK - The latest on developments in financial markets (all times local):

11:45 a.m.

Stocks shook off a wobbly start and were moving slightly higher in midday trading on Wall Street.

Banks, technology and industrial companies were leading the gains Thursday.

Apple rose 1 per cent, JPMorgan Chase climbed 1.3 per cent and General Electric added 3.2 per cent.

Dollar General slumped 9.3 per cent after reporting weak quarterly results.

The S&P 500 index rose 3 point, or 0.1 per cent, to 2,814.

The Dow Jones Industrial Average rose 35 points, or 0.1 per cent, to 25,737. The Nasdaq rose 3 points, or 0.1 per cent, to 7,647.

Bond prices fell. The yield on the 10-year Treasury rose to 2.62 per cent.

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9:35 a.m.

Stock indexes are little changed in early trading on Wall Street as the market cools down after rising for three days in a row.

Gains for technology and industrial companies early Thursday were offset by losses elsewhere.

Apple rose 1 per cent and General Electric added 4.5 per cent. Dollar General lost 7.7 per cent.

The S&P 500 index edged down 1 point to 2,809.

The Dow Jones Industrial Average edged up 27 points, or 0.1 per cent, to 25,728. The Nasdaq slipped 6 points, or 0.1 per cent, to 7,637.

Bond prices fell. The yield on the 10-year Treasury rose to 2.62 per cent.

News from © The Associated Press, 2019
The Associated Press

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