Markets Right Now: After a slow start, stocks turn higher

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

11:45 a.m.

Stocks shook off a wobbly start and were moving slightly higher in midday trading on Wall Street.

Banks, technology and industrial companies were leading the gains Thursday.

Apple rose 1 percent, JPMorgan Chase climbed 1.3 percent and General Electric added 3.2 percent.

Dollar General slumped 9.3 percent after reporting weak quarterly results.

The S&P 500 index rose 3 point, or 0.1 percent, to 2,814.

The Dow Jones Industrial Average rose 35 points, or 0.1 percent, to 25,737. The Nasdaq rose 3 points, or 0.1 percent, to 7,647.

Bond prices fell. The yield on the 10-year Treasury rose to 2.62 percent.

___

9:35 a.m.

Stock indexes are little changed in early trading on Wall Street as the market cools down after rising for three days in a row.

Gains for technology and industrial companies early Thursday were offset by losses elsewhere.

Apple rose 1 percent and General Electric added 4.5 percent. Dollar General lost 7.7 percent.

The S&P 500 index edged down 1 point to 2,809.

The Dow Jones Industrial Average edged up 27 points, or 0.1 percent, to 25,728. The Nasdaq slipped 6 points, or 0.1 percent, to 7,637.

Bond prices fell. The yield on the 10-year Treasury rose to 2.62 percent.

You may also interested in

Novartis Korea executives charged with bribing doctors

Aug 13, 2016

Prosecutors have indicted the former chief executive of the South Korean unit of Novartis and five other former and current managers over allegations they illegally paid doctors 2.6 billion won ($2.3 million) in return for prescribing the company's drugs

On 90th birthday, Fidel Castro thanks Cuba, criticizes Obama

Aug 14, 2016

Fidel Castro thanked Cubans for their well-wishes on his 90th birthday on Saturday and criticized President Barack Obama in a lengthy letter published in state media

Fidel Castro thanks Cuba, criticizes Obama, on 90th birthday

Aug 14, 2016

Fidel Castro thanked Cubans for their well-wishes on his 90th birthday and criticized President Barack Obama in a lengthy letter published in state media