Markets Right Now: A mixed finish for stocks on Wall Street

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

4 p.m.

Major stock indexes turned in a mixed finish on Wall Street as large companies gave up early gains but smaller companies rose broadly.

The S&P 500 index of large U.S. companies ended up pretty much where it started on Monday, while measures of small-company stocks climbed.

Small-company stocks have lagged the rest of the market this year, but investors are taking a shine to them now in hopes that they'll be better insulated from the U.S.-China trade war than large multinationals.

Banks and energy companies rose. Citigroup climbed 4.3%.

The S&P 500 was little changed at 2,978.

The Dow Jones Industrial Average climbed 38 points, or 0.1%, to 26,835. The Nasdaq fell 15 points, or 0.2%, to 8,087.

Bond prices fell. The yield on the 10-year Treasury rose to 1.63%.

___

11:45 a.m.

Stocks are moving slightly higher on Wall Street led by gains in banks and energy companies.

Bank of America jumped 3.3% in midday trading Monday and Halliburton rose 5.6%. Energy companies were benefiting from a rise in the price of crude oil.

AT&T jumped 2.7% in heavy trading after Elliot Management, an activist investor, announced a $3.2 billion stake in the company and called for a shake-up.

Apple rose 1.4% a day before the company is expected to announce its new lineup of iPhones.

The S&P 500 rose 3 points, or 0.1%, to 2,982.

The Dow Jones Industrial Average climbed 72 points, or 0.3%, to 26,868. The Nasdaq added 9 points, or 0.1%, to 8,112.

Bond prices fell. The yield on the 10-year Treasury rose to 1.62%.

___

9:35 a.m.

Stocks are opening slightly higher on Wall Street led by gains in banks and communications companies.

JPMorgan Chase rose 1.2% in the first few minutes of trading Monday, and Netflix rose 2.3%.

AT&T jumped 4% in heavy trading after Elliot Management, an activist investor, announced a $3.2 billion stake in the company and called for a huge shake-up.

Apple rose 1% a day before the company is expected to announce its new lineup of iPhones.

The S&P 500 rose 6 points, or 0.1%, to 2,984.

The Dow Jones Industrial Average climbed 24 points, or 0.1%, to 26,813. The Nasdaq added 11, or 0.1%, to 8,114.

Bond prices fell. The yield on the 10-year Treasury rose to 1.61%.

You may also interested in

Iraq's parliament approves partial Cabinet reshuffle

Aug 15, 2016

Iraq's parliament has approved a partial Cabinet reshuffle, part of a set of reforms proposed by Prime Minister Haider al-Abadi that has been stymied by entrenched political blocs

UK manufacturers see costs jump in wake of Brexit vote

Aug 16, 2016

Official figures show consumer prices in Britain rose more than expected in July, while the cost of raw materials for manufacturers are mounting as a result of the pound's drop in the wake of the vote to leave the European Union

Conventional tax proposals in an unconventional US campaign

Aug 17, 2016

In this unconventional campaign season, Donald Trump and Hillary Clinton have produced two conventional tax plans that mostly track their parties' long-standing views