Markets Right Now: Stocks open higher on Wall Street

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

9:35 a.m.

Stocks are opening higher on Wall Street, building on gains from late last week, as technology companies and banks rose.

Apple rose 1.3 per cent in the first few minutes of trading Monday, and JPMorgan Chase climbed 1.8 per cent.

After mostly falling over the last two weeks as trade tensions escalated between the U.S. and China, traders are turning their attention to second-quarter company earnings, which start to come out this week.

The S&P 500 index rose 15 points, or 0.6 per cent, to 2,775.

The Dow Jones Industrial Average rose 198 points, or 0.8 per cent, to 24,652. The Nasdaq composite climbed 47 points, or 0.6 per cent, to 7,736.

Bond prices fell. The yield on the 10-year Treasury rose to 2.86 per cent.