Markets Right Now: Stocks end mostly lower on Wall Street

Trader Gregory Rowe works on the floor of the New York Stock Exchange, Thursday, Aug. 9, 2018. Stocks are off to a mixed start on Wall Street as gains for technology companies are offset by losses elsewhere in the market. (AP Photo/Richard Drew)

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

4 p.m.

Stocks struggled to a mostly lower finish on Wall Street as losses for banks and energy stocks offset gains elsewhere in the market.

Bank of New York Mellon lost 1.6 percent Thursday, and Chevron gave up 1.1 percent.

Yelp jumped 26.7 percent after raising its revenue forecast, but Rite Aid slumped 11.5 percent after calling off its sale to the grocery chain Albertsons.

Flowserve, Viacom and Norwegian Cruise Line all rose sharply after reporting solid results.

The S&P 500 index fell 4 points, or 0.1 percent, to 2,853.

The Dow Jones Industrial Average fell 74 points, or 0.3 percent, to 25,509. The Nasdaq composite rose 3 points to 7,891.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.92 percent.

___

11:45 a.m.

Major U.S. indexes are little changed in midday trading as technology stocks rise while energy companies and banks slip.

Bond prices rose Thursday, sending yields lower, after the Labor Department reported that wholesale prices were little changed in July, a sign inflation pressures weakened slightly.

Yelp jumped 27.5 percent after raising its revenue forecast, but Rite Aid slumped 10.6 percent after calling off its sale to the grocery chain Albertsons.

Flowserve, Viacom and Norwegian Cruise Line all rose sharply after reporting solid results.

The S&P 500 index was little changed at 2,856.

The Dow Jones Industrial Average fell 51 points, or 0.2 percent, to 25,533. The Nasdaq composite rose 15 points, or 0.2 percent, to 7,904.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.94 percent.

___

9:35 a.m.

Stocks are off to a mixed start on Wall Street as gains for technology companies are offset by losses elsewhere in the market.

Yelp jumped 20 percent early Thursday after raising its revenue forecast, but Rite Aid slumped 10 percent after calling off its sale to the grocery chain Albertsons.

Flowserve, Viacom and Norwegian Cruise Line all rose sharply after reporting solid results.

The S&P 500 index was little changed at 2,857.

The Dow Jones Industrial Average fell 5 points to 25,578. The Nasdaq composite rose 10 points, or 0.1 percent, to 7,899.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.93 percent.

Must Read

$30 billion pledged in Kuwait at summit to...

Feb 14, 2018

International donors have pledged $30 billion to help rebuild Iraq after the war against the...

Boost for Dutch ruling coalition as unemployment...

Jan 19, 2017

The number of people registered as unemployed in the Netherlands fell by more than 100,000 last...

Dutch minister calls for funds for Syria war...

Mar 9, 2017

The Dutch foreign minister paid tribute Thursday to activists who risk their lives in Syria to...

Turkey-Dutch relations shatter after Turkish...

Mar 12, 2017

The escalating dispute between NATO allies Turkey and the Netherlands hit a new low Sunday, with a...

Dutch prime minister builds consensus the...

Mar 14, 2017

Dutch prime minister builds consensus the traditional way