Markets Right Now: Stocks waver in early trading

Markets Right Now: Stocks waver in early trading | iNFOnews.ca
FILE- In this Feb. 15, 2019, file photo specialist Anthony Matesic, right, works with traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 20. (AP Photo/Richard Drew, File)

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

9:35 a.m.

Stocks are wavering in early trading on Wall Street as investors sized up the latest company earnings reports.

Garmin jumped 13 per cent Wednesday after reporting better sales. Cadence Design Systems climbed 5.5 per cent after the company’s latest quarterly results topped Wall Street’s forecasts.

The S&P 500 slipped 1 point to 2,778.

The Dow Jones Industrial Average fell 12 points, or 0.1 per cent, to 25,879. The Nasdaq gained 12 points, or 0.2 per cent, to 7,499.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.65 per cent.

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