Copyright 2019 Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are opening broadly higher on Wall Street as technology companies shook off some recent weakness and turned higher.
Apple rose 1.6 percent early Thursday, a day after announcing its latest line of iPhones. Chipmaker Qualcomm jumped 3 percent after announcing a big stock buyback program.
Supermarket chain Kroger sank 9.3 percent after announcing disappointing quarterly results.
Insight by Verizon: Learn how 5G technology could revolutionize government communications in this exclusive ebook.
The S&P 500 index rose 12 points, or 0.4 percent, to 2,901.
The Dow Jones Industrial Average rose 129 points, or 0.5 percent, to 26,125. The Nasdaq composite gained 70 points, or 0.9 percent, to 8,023.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.95 percent.
Copyright © 2019 The Associated Press. All rights reserved. This website is not intended for users located within the European Economic Area.