Markets Right Now: Stocks end barely higher in quiet trading

The latest on developments in financial markets (All times local):

4 p.m.

Stock indexes are ending barely higher on Wall Street after a day of quiet, post-holiday trading.

Technology and health care stocks helped pull the market slightly higher Wednesday. Facebook rose 0.9 percent and Western Digital climbed 1.2 percent.

Homebuilders notched gains following a report showing pending U.S. home sales edged up last month. Hovnanian rose 2.1 percent.

Energy stocks declined as crude oil prices headed lower. ConocoPhillips fell 1.1 percent.

The Standard & Poor's 500 index rose 2 points, or 0.1 percent, to 2,682.

The Dow Jones industrial average climbed 28 points, or 0.1 percent, to 24,774. The Nasdaq composite rose 3 points, or 0.04 percent, to 6,939.

Bond prices rose. The yield on the 10-year Treasury fell to 2.41 percent.

___

11:45 a.m.

U.S. stock indexes edged higher in light trading, recouping some of their modest losses from a day earlier.

Technology and health care stocks were among the biggest gainers Wednesday.

Homebuilders notched gains following a report showing pending U.S. home sales edged up last month. Energy stocks declined as crude oil prices headed lower.

Callaway Golf fell 5.8 percent after the company said it invested another $20 million in entertainment company Topgolf, giving it a 14 percent stake.

The Standard & Poor's 500 index rose 2 points, or 0.1 percent, to 2,682.

The Dow Jones industrial average was up 23 points, or 0.1 percent, to 24,770. The Nasdaq composite rose 8 points, or 0.1 percent, to 6,944.

Bond prices rose. The yield on the 10-year Treasury fell to 2.43 percent.

___

9:35 a.m.

Stocks are off to a mixed start as gains for health care and consumer products companies are offset by losses in energy stocks and banks.

Johnson & Johnson added 0.7 percent in early trading Wednesday while Bank of America fell 0.5 percent.

Callaway Golf fell 5.9 percent after the company said it invested another $20 million in entertainment company Topgolf, giving it a 14 percent stake.

The Standard & Poor's 500 index rose 1 point, or 0.1 percent, to 2,682.

The Dow Jones industrials was little changed at 24,749. The Nasdaq composite was up 5 points, or 0.1 percent, to 6,941.

Bond prices rose. The yield on the 10-year Treasury fell to 2.45 percent.

Related News

Ford to invest $75M in autonomous vehicle sensor company

Aug 16, 2016

Ford and Chinese search engine company Baidu will invest $75 million each in Velodyne, a company that makes laser sensors that help guide self-driving cars

Navajo Nation sues feds over massive 2015 mine waste spill

Aug 16, 2016

One of the nation's largest American Indian tribes is suing the federal government over a massive mine waste spill that tainted rivers in three Western states

Ford says it will have a fully autonomous car by 2021

Aug 17, 2016

Ford Motor Co. intends to have a fully driverless vehicle _ no steering wheel, no pedals _ on the road within five years

Peaple also read these

Ford to invest $75M in autonomous vehicle sensor company

Aug 16, 2016

Ford and Chinese search engine company Baidu will invest $75 million each in Velodyne, a company that makes laser sensors that help guide self-driving cars

Self-driving cars go public; Uber offers rides in Pittsburgh

Aug 18, 2016

The option to hail a ride in a self-driving car will soon be available to Uber users in Pittsburgh

Rare Tyrannosaurus rex skull arrives at Seattle museum

Aug 19, 2016

Paleontologists with Seattle's Burke Museum have unearthed the bones of a Tyrannosaurus rex that lived more than 66 million years ago, including a rare nearly complete 4-foot long skull

About Us

The Scientific Journal reports news related to science accurately and offers expert's opinion with unique perspective.

Contact us: sales@thescientificjou.com