Markets Right Now: Stocks end week modestly higher
The latest on developments in financial markets (All times local):
4:00 p.m.
Stocks managed to post modest gains on Wall Street, giving the Standard & Poor's 500 index its first winning week in the last three.
The gains were broad Friday, with every sector in the S&P 500 rising except for technology and health care.
Design software company Autodesk jumped 3.9 percent after reporting results that beat forecasts.
Stocks didn't react much to speeches by the heads of the Federal Reserve and the European Central Bank, though the dollar dipped against other currencies.
The S&P 500 rose 4 points, or 0.2 percent, to 2,443.
The Dow Jones industrial average gained 30 points, or 0.1 percent, to 21,813. The Nasdaq slipped 5 points, or 0.1 percent, to 6,265.
Bond prices rose. The yield on the 10-year Treasury fell to 2.17 percent.
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11:45 a.m.
Stocks are mostly higher in midday trading on Wall Street, putting the Standard & Poor's 500 index on pace for its first winning week in the last three.
The gains were broad Friday, with every sector in the S&P 500 rising except for technology.
Design software company Autodesk jumped 6 percent after its second-quarter results were better than analysts had expected.
Traders were keeping a close eye on speeches by central bankers at a conference in Wyoming.
The S&P 500 index rose 5 points, or 0.2 percent, to 2,444.
The Dow Jones industrial average gained 44 points, or 0.2 percent, to 21,827. The Nasdaq composite was little changed at 6,269.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.17 percent.
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9:35 a.m.
Stocks are opening higher with technology companies, banks and industrial companies making some of the largest gains.
Design software company Autodesk jumped 6 percent Friday after its second-quarter results were better than analysts had expected.
The Standard & Poor's 500 index rose 8 points, or 0.3 percent, to 2,447.
The Dow Jones industrial average gained 67 points, or 0.3 percent, to 21,850. The Nasdaq composite climbed 21 points, or 0.3 percent, to 6,271.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.19 percent.