Markets Right Now: Stocks rise for a 3rd day on Wall Street

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

4 p.m.

Stocks rose again on Wall Street, extending a rebound into a third day following a dismal October.

Technology and consumer-focused companies put up some of the biggest losses Thursday.

Chipmakers did especially well after taking a beat last month. Intel added 2.9 per cent and Nvidia climbed 3.5 per cent.

Amazon recovered 4.2 per cent, but is still down 18 per cent from the all-time high it reached in early September.

Chemicals maker DowDuPont jumped 8.1 per cent after reporting a strong quarter.

The S&P 500 index rose 28 points, or 1.1 per cent to 2,740.

The Dow Jones Industrial Average climbed 264 points, or 1.1 per cent, to 25,380. The Nasdaq composite rose 128 points, or 1.8 per cent, to 7,434.

Bond prices rose. The yield on the 10-year Treasury fell to 3.14 per cent.

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11:45 a.m.

Stocks are moving solidly higher in midday trading on Wall Street as major indexes extend a rebound into a third day.

Health care companies are rising Thursday as giant drugmaker Pfizer gains 1.3 per cent.

Chemicals maker DowDuPont also jumped after reporting a strong quarter.

The market is coming off its worst monthly performance in seven years after an October swoon briefly erased the year’s gains.

The S&P 500 index rose 19 points, or 0.7 per cent to 2,731.

The Dow Jones Industrial Average climbed 216 points, or 0.9 per cent, to 25,337. The Nasdaq composite rose 81 points, or 1.1 per cent, to 7,388.

Bond prices rose. The yield on the 10-year Treasury note fell to 3.14 per cent.

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9:35 a.m.

Stocks are rising broadly in early trading on Wall Street after several companies reported solid results.

Chemicals maker DowDuPont surged 7 per cent Thursday after its third-quarter profit surpassed analyst estimates.

Health insurer Cigna also jumped 3.4 per cent in the early going after its own results came in ahead of forecasts.

The market is coming off its worst monthly performance in seven years after an October swoon briefly erased the year’s gains.

The S&P 500 index rose 13 points, or 0.5 per cent to 2,725.

The Dow Jones Industrial Average climbed 151 points, or 0.6 per cent, to 25,268. The Nasdaq composite rose 44 points, or 0.6 per cent, to 7,350.

Bond prices fell. The yield on the 10-year Treasury note rose to 3.17 per cent.