US stocks move mostly higher; Europe, Asia indexes lower

AP News
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Posted: Jun 09, 2015 11:52 AM
US stocks move mostly higher; Europe, Asia indexes lower

NEW YORK (AP) — U.S. stocks are mostly higher in midday trading as the market comes off a three-day losing streak.

United Natural Foods slumped 4 percent early Tuesday after the food distributor reported disappointing results and lowered its full-year forecast.

The Dow Jones industrial average edged up 21 points, or 0.1 percent, to 17,788 as of 11:45 a.m. Eastern time. The Dow turned negative for the year the day before.

The Standard & Poor's 500 index was up three points, or 0.2 percent, at 2,082. The Nasdaq composite fell nine points, or 0.2 percent, to 5,012.

The price of oil climbed $1.92 to $60.06 a barrel in New York.

European and Asian markets mostly fell.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.42 percent.