Markets Right Now: Stocks move higher on Wall Street

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

11:45 a.m.

U.S. stocks are rising again as strong company earnings lift the market.

The benchmark S&P 500 index is rising Tuesday for the fourth day in a row and the fifth out of the last six.

Banks and technology companies are making some of the largest gains.

Charles Schwab rose 2.1 per cent and Google’s parent company Alphabet rose 1.8 per cent.

Hertz soared 25.9 per cent after reporting a much smaller loss than investors were expecting.

The S&P 500 index rose 9 points, or 0.3 per cent, to 2,859.

The Dow Jones Industrial Average rose 150 points, or 0.6 per cent, to 25,652. The Nasdaq composite climbed 19 points, or 0.2 per cent, to 7,879.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.96 per cent.

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9:35 a.m.

Stocks are opening higher on Wall Street as technology companies and banks put up some solid gains.

Google’s parent company Alphabet rose 1.4 per cent and Citizens Financial rose 1.2 per cent.

Hertz jumped 16.8 per cent after reporting a much smaller loss than investors were expecting. Its revenue also beat forecasts.

The S&P 500 index rose 7 points, or 0.3 per cent, to 2,858.

The Dow Jones Industrial Average rose 100 points, or 0.4 per cent, to 25,599. The Nasdaq composite climbed 30 points, or 0.4 per cent, to 7,893.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.96 per cent.