Markets Right Now: Stocks are off to an uneven start - InfoNews

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Markets Right Now: Stocks are off to an uneven start

FILE- In this Dec. 27, 2018, file photo trader Michael Urkonis works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 31. (AP Photo/Richard Drew, File)
January 31, 2019 - 6:42 AM

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

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9:35 a.m.

Stocks are off to an uneven start on Wall Street as investors pore over a mixed bag of earnings reports from big U.S. companies.

Facebook jumped 10.8 per cent in early trading Thursday after reporting solid user metrics, but chocolate maker Hershey slid 3.9 per cent after releasing a disappointing revenue forecast.

Energy companies rose along with the price of oil. ConocoPhillips rose 2 per cent.

The S&P 500 index was little changed at 2,681.

The Dow Jones Industrial Average fell 146 points, or 0.6 per cent, to 24,868. The Nasdaq gained 34 points, or 0.5 per cent, to 7,216.

Bond price rose. The yield on the 10-year Treasury fell to 2.66 per cent.

News from © The Associated Press, 2019
The Associated Press

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