Markets Right Now: Stocks end mixed on Wall Street

AP News
|
Posted: Oct 26, 2016 4:05 PM

NEW YORK (AP) — The latest on developments in U.S. financial markets:

4:00 p.m.

U.S. stocks are ending mixed as investors pore over the latest company earnings.

Apple fell Wednesday, dragging other technology stocks lower, after the company reported another decline in iPhone sales.

Simon Property Group, which owns shopping malls and other real estate, slumped 4.5 percent.

Banks gained. KeyCorp rose 2.2 percent.

A big gain by Boeing helped lift the Dow Jones industrial average.

The Dow rose 30 points, or 0.2 percent, to 18,199. The Standard & Poor's 500 index fell 3 points, or 0.2 percent, to 2,139. The Nasdaq composite slid 33 points, or 0.6 percent, to 5,250.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.79 percent.