Markets Right Now: Stocks are off to a mixed start
NEW YORK (AP) — The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are off to a mixed start on Wall Street as gains for health care companies are offset by losses elsewhere in the market.
Mylan soared 16% in early trading Monday after Pfizer said it would buy the drugmaker. Pfizer fell 1%.
Consumer focused and communications companies were lower. Amazon fell 1.3%.
Booz Allen Hamilton rose 3.4% after the defense contractor reported earnings that beat analysts’ forecasts.
The S&P 500 index fell 3 points, or 0.1% to 3,021.
The Dow Jones Industrial Average rose 43 points, or 0.1%, to 27,233. The Nasdaq fell 37 points, or 0.5%, to 8,291.
Bond prices rose. The yield on the 10-year Treasury fell to 2.05%.