Markets Right Now: Stock indexes open higher on Wall Street

The latest on developments in financial markets (All times local):

9:35 a.m.

Stocks are off to a solid start on Wall Street as technology companies and banks rise.

Disney rose 1.8 per cent in early trading Thursday after announcing a deal to buy entertainment businesses from Rupert Murdoch’s 21st Century Fox conglomerate. Fox was up 0.5 per cent.

Teva Pharmaceuticals soared 15 per cent after the Israeli drugmaker said it would lay off a quarter of its staff.

The Standard & Poor’s 500 rose 3 points, or 0.1 per cent, to 2,665.

The Dow Jones industrials climbed 78 points, or 0.3 per cent, to 24,661. The Nasdaq increased 8 points, or 0.1 per cent, to 6,884.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.37 per cent.