Markets Right Now: Indexes drift as earnings news rolls in

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

9:35 a.m.

Stocks indexes are little changed in early trading on Wall Street, but several companies were making big moves after releasing their quarterly earnings reports.

General Motors slumped 6.1 per cent early Wednesday after lowering its profit outlook, mostly due to tariffs on imported steel and aluminum.

Hospital operator HCA Healthcare jumped 5.6 per cent after turning in results that were better than analysts were expecting.

Tupperware plunged 13.4 per cent after its revenue came up short of estimates.

The S&P 500 index slipped 1 point to 2,819.

The Dow Jones Industrial Average lost 80 points, or 0.3 per cent, to 25,161. The Nasdaq composite climbed 16 points, or 0.2 per cent, to 7,857.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.95 per cent.