Markets Right Now: US stock indexes open mostly higher

AP News
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Posted: Jan 23, 2018 9:40 AM

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

9:35 a.m.

Gains in technology and consumer-focused companies are sending stock indexes mostly higher in early trading on Wall Street.

Netflix soared 11 percent in the first few minutes of trading Tuesday after reporting a strong quarter. Amazon rose 1 percent.

Johnson & Johnson and Procter & Gamble both fell after reporting disappointing results, pulling the Dow Jones industrial average lower.

The Standard & Poor's 500 index rose 2 points, or 0.1 percent, to 2,835.

The Dow industrials fell 23 points, or 0.1 percent, to 26,187. The Nasdaq composite rose 21 points, or 0.3 percent, to 7,428.

Small-company stocks were broadly lower.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.63 percent.