Markets Right Now: Stocks edge mostly higher on Wall Street
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are edging mostly higher in early trading on Wall Street as banks and communications companies post gains.
Losses in health care and energy companies held the early gains in check on Monday.
Bank of America rose 1.7% and Facebook added 1%.
Anadarko said it would consider a buyout offer from Occidental Petroleum. Occidental lost 2%.
The S&P 500 index rose 3 points, or 0.1%, to 2,943.
The Dow Jones Industrial Average was little changed at 26,540. The Nasdaq climbed 12 points, or 0.2%, to 8,159.
Bond prices fell. The yield on the 10 year Treasury rose to 2.52%.