Markets Right Now: Stocks trade mixed on Wall Street

AP News
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Posted: Sep 28, 2017 12:04 PM

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

11:45 a.m.

Stocks are mixed in midday trading on Wall Street as technology companies decline and health care companies rise.

Apple fell 1 percent Thursday. Drug and medical device maker Abbott Laboratories rose 3.2 percent after regulators approved its new blood glucose monitoring system for diabetes patients.

The Standard & Poor's 500 index was down a fraction of a point at 2,506.

The Dow Jones industrial average rose 33 points, or 0.2 percent, to 22,374. The Nasdaq composite fell 14 points, or 0.2 percent, to 6,439.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.33 percent.

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9:35 a.m.

Stocks are opening slightly lower on Wall Street, led by declines in technology and industrial companies.

Western Digital lost 2.3 percent early Thursday, and Boeing lost 1.4 percent.

Food maker Conagra rose 3.6 percent after reporting a strong quarter, and Abbott Laboratories rose 4.3 percent after winning regulatory approval for a blood glucose monitoring system.

The Standard & Poor's 500 index fell 2 points, or 0.1 percent, to 2,504.

The Dow Jones industrial average lost 30 points, or 0.1 percent, to 22,306. The Nasdaq composite fell 22 points, or 0.4 percent, to 6,430.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.33 percent.