Markets Right Now: US end mostly lower

AP News
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Posted: Jul 19, 2016 4:11 PM

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

4:00 p.m.

Stocks are ending mostly lower on Wall Street as a three-week rally loses momentum.

Investors were focusing on corporate earnings reports Tuesday, which were coming in mixed.

Netflix plunged 13 percent after reporting subscriber growth that disappointed investors. The stock had more than doubled last year.

Health care giant Johnson & Johnson rose 1.7 percent after reporting earnings that beat analysts' forecasts.

The Standard & Poor's 500 index lost 3 points, or 0.1 percent, to 2,163.

The Dow Jones industrial average edged up 25 points, or 0.1 percent, to 18,559. The Nasdaq composite declined 19 points, or 0.4 percent, to 5,036.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.55 percent.

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11:45 a.m.

Stocks are slipping in midday trading on Wall Street as a three-week rally loses momentum.

Investors were focusing on corporate earnings reports Tuesday, which were coming in mixed.

Netflix plunged 14 percent after reporting subscriber growth that disappointed investors. The stock had more than doubled last year.

Health care giant Johnson & Johnson rose 1 percent after reporting earnings that beat analysts' forecasts.

The Dow Jones industrial average slipped 13 points, less than 0.1 percent, to 18,518.

The Standard & Poor's 500 index lost 6 points, or 0.2 percent, to 2,160. The Nasdaq composite declined 16 points, or 0.2 percent, to 5,047.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.55 percent.

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10 a.m.

Stocks are getting off to a weak start on Wall Street as more earnings reports roll in.

Netflix plunged 13 percent in the first few minutes of trading Tuesday, a day after reporting subscriber growth that disappointed investors. The stock had more than doubled last year.

Health care giant Johnson & Johnson rose 1.4 percent after reporting earnings that beat analysts' forecasts.

The Dow Jones industrial average slipped 20 points, less than 0.1 percent, to 18,520.

The Standard & Poor's 500 index lost 6 points, or 0.2 percent, to 2,160. The Nasdaq composite declined 16 points, or 0.2 percent, to 5,047.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.57 percent.