Markets Right Now: Stocks edge higher in midday trading

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

11:45 a.m.

Stocks are edging higher in midday trading on Wall Street as gains for retailers and technology companies offset losses elsewhere in the market.

Amazon rose 1.4 percent Tuesday, and chipmaker Advanced Micro Devices climbed 3 percent.

Walmart jumped 3.6 percent after reporting earnings that beat forecasts.

The S&P 500 rose 6 points, or 0.2 percent, to 2,781.

The Dow Jones Industrial Average added 32 points, or 0.1 percent, to 25,914. The Nasdaq rose 24 points, or 0.3 percent, to 7,496.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.64 percent.

U.S. markets were closed Monday for the Presidents Day holiday.

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9:35 a.m.

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

JPMorgan Chase lost 1.2 percent in early trading Tuesday and General Electric gave up 1.1 percent.

HSBC, a bank based in London, fell 3.8 percent after reporting results that fell short of analysts’ estimates.

Walmart jumped 3.1 percent after reporting earnings that beat forecasts.

The S&P 500 fell 3 points, or 0.1 percent, to 2,772.

The Dow Jones Industrial Average slipped 12 points, less than 0.1 percent, to 25,872. The Nasdaq was little changed at 7,470.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.64 percent.

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