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Markets Right Now: Mixed start for stocks on Wall Street
NEW YORK – The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are off to a mixed start on Wall Street as gains for technology companies are offset by losses in banks and other sectors.
Apple added 1.1% early Monday, but Citigroup fell 1.8% despite reporting higher profits in the latest quarter. Citi is the first big U.S. bank to report its second-quarter results.
Symantec slumped 13.7% after CNBC reported that deal talks between the cybersecurity company and Broadcom have ended.
The S&P 500 index was little changed at 3,013.
The Dow Jones Industrial Average edged up 6 points to 27,339. The Nasdaq added 7 points to 8,249.
Bond prices fell. The yield on the 10-year Treasury rose to 2.11%.
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