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NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are having a mixed performance early on Wall Street Friday as gains in banks and energy companies are offset somewhat by a drop in technology stocks.
The Dow Jones industrials rose 45 points, or 0.1%, to 27,227. The index has risen for seven consecutive days.
Tech stocks led the market’s gains the past two days, but opened lower Friday. Apple fell 1.4%.
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The S&P 500 is up 3 points, or 0.1%, to 3,012, and is about 13 points shy of its all-time high. But the Nasdaq, which has a heavy weighting of tech stocks, slipped 7 points, or 0.1%, to 8,186.
Bonds continued their recent sell-off. The yield on the 10-year Treasury, which moves inversely to the price, rose to 1.83%. That helped bank stocks, with JPMorgan rising 1.3%.
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