Markets Right Now: US stocks rise in early trading
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are opening broadly higher on Wall Street as the market claws back some of the ground it lost in a big slide a day earlier.
Technology and health care companies made up many of the winners in early trading on Wall Street Tuesday.
Analog Devices rose 1.7% and Thermo Fisher Scientific rose 1.5%
Communications companies were also higher. Disney rose 1% after announcing a deal with Comcast to take full control of the video streaming service Hulu.
The S&P 500 rose 13 points, or 0.5%, to 2,825. The index fell 2.4% the day before.
The Dow Jones Industrial Average rose 114 points, or 0.4%, to 25,442. The Nasdaq rose 49 points, or 0.6%, to 7,696.
Bond prices fell. The yield on the 10 year Treasury edged up to 2.41%