FILE- In this March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, April 3. (AP Photo/Richard Drew, File)
April 03, 2019 - 8:53 AM
NEW YORK - The latest on developments in financial markets (all times local):
11:45 a.m.
Stocks are higher on Wall Street in midday trading as technology companies lead the way.
Intel rose 2.8% Wednesday, a day after the company named a new chief financial officer. Rival chipmaker Advanced Micro Devices jumped 11.6%.
Dave & Buster's rose 4% after the restaurant chain reported solid earnings last quarter.
GameStop sank 5.8% after reporting weak first-quarter sales and issuing a weak forecast.
The S&P 500 index rose 16 points, or 0.6%, to 2,883.
The Dow Jones Industrial Average rose 82 points, or 0.3%, to 26,261. The Nasdaq rose 77 points, or 1%, to 7,925.
Bond prices fell. The yield on the benchmark 10-year Treasury note rose to 2.51%.
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9:35 a.m.
Stocks are moving broadly higher on Wall Street in early trading as technology companies post some solid gains.
Intel rose 1.5% early Wednesday, a day after the company named a new chief financial officer. Rival chipmaker Advanced Micro Devices jumped 7%.
Dave & Buster's rose 4.4% after the restaurant chain reported solid earnings last quarter.
The S&P 500 index rose 8 points, or 0.3%, to 2,875.
The Dow Jones Industrial Average rose 40 points, or 0.2%, to 26,224. The Nasdaq rose 37 points, or 0.5%, to 7,887.
Bond prices fell. The yield on the benchmark 10-year Treasury note rose to 2.52%.
News from © The Associated Press, 2019