
Markets Right Now: US stocks are off to a mixed start
NEW YORK – The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are off to a mixed start on Wall Street as gains for technology companies and health care are offset by losses in banks and energy companies.
Chipmaker Qualcomm rose 1 per cent early Tuesday and Cardinal Health rose 1.1 per cent. Bank of America lost 0.9 per cent.
Twitter jumped 4.2 per cent after the company’s stock was added to the S&P 500 index. The change will be effective on Thursday.
Outdoor clothing maker G-III Apparel soared 10.8 per cent after reporting earnings that were far better than analysts were expecting.
The S&P 500 was up 1 point to 2,747.
The Dow Jones industrial average was little changed at 24,807. The Nasdaq composite climbed 15 points, or 0.2 per cent, to 7,622.
Bond prices rose. The yield on the 10-year Treasury fell to 2.92 per cent.
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