Markets Right Now: Stocks mixed at open on Wall Street

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

9:45 a.m.

Stocks are mixed at the open on Wall Street as gains in technology shares offset losses in bank stocks.

Bank of America fell 0.5% and JPMorgan slipped 0.4%. The yield on the 10-year Treasury fell to 1.69% from 1.75% Friday. Bond yields can affect interest rates on mortgages and other consumer loans.

Technology stocks opened high, offsetting the decline in banks. Advanced Micro Devices rose 1.5%.

The Dow Jones Industrial Average fell 10 points to 26,924.

The S&P 500 was flat at 2,992. The Nasdaq rose 1 point to 8,119. The major indexes are each up modestly for the month and the quarter.

You may also interested in

Rio Olympics over, final decision on Brazil president looms

Aug 24, 2016

After the party, the hangover: With the Rio Olympics fading into memory, Brazil returns to longstanding political divisions and prepares for a final Senate vote on whether to permanently oust its embattled President Dilma Rousseff

Stocks end mostly lower after Yellen speech

Aug 26, 2016

Stocks end mostly lower, giving up earlier gains after Fed Chair Yellen said the case for raising interest rates has strengthened

Global stocks rise as investors weigh future of US rates

Aug 30, 2016

Global stock markets mostly rose on Tuesday as investors weighed the possibility and timing of another U.S. interest rate increase this year

Broaden News
Search

Manage The Numbers is the world’s fastest-growing finance news website, featuring the latest money and market news, along with in-depth analysis so you can make the best decision.

Contact us: sales@managethenumbers.com

Subscribe to our newsletter!

Name

Email