NEW YORK (AP) - The latest on developments in financial markets (all times local):
4 p.m.
Stocks ended mostly higher on Wall Street as gains for banks and industrial companies offset losses in technology and health care companies.
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Bank of America rose 1.1% Thursday and Boeing climbed 2.9%. Micron Technology, a chipmaker, lost 2.3%.
Tesla sank 8.2% after the electric car maker said it delivered only 63,000 vehicles in the first quarter, down 31% from the previous quarter.
The S&P 500 index rose 5 points, or 0.2 percent, to 2,879, extending its winning streak to six days.
The Dow Jones Industrial Average climbed 166 points, or 0.6%, to 26,384. The Nasdaq fell 3 points, or 0.1%, to 7,891.
Bond prices didn’t move much. The yield on the benchmark 10-year Treasury held steady at 2.51%.
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11:45 a.m.
Banks, media and industrial companies are higher in midday trading on Wall Street, but declines in technology and other sectors left major market indexes mixed.
Bank of America climbed 1.1% Thursday and Disney was up 1.5%, but Microsoft fell 0.8%.
Boeing rose 2.6%, helping to drive the Dow Jones Industrial Average higher. Other indexes fell.
Tesla sank 7.7% after the electric car maker said it delivered only 63,000 vehicles in the first quarter, down 31% from the previous quarter.
The S&P 500 slipped less than 1 point to 2,873. The S&P 500 is coming off a five-day winning streak.
The Dow rose 127 points, or 0.5%, to 26,347. The Nasdaq fell 20 points, or 0.2%, to 7,875.
Bond prices rose. The yield on the benchmark 10-year Treasury fell to 2.51%.
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9:35 a.m.
Stocks are opening slightly higher on Wall Street, putting the S&P 500 on track to extend its winning streak into a sixth day.
Facebook and Boeing were among the early winners on Wall Street Thursday. Facebook climbed 1.9% and Boeing added 2.1 %.
Tesla sank 9% after the electric car maker said it delivered only 63,000 vehicles in the first quarter, down 31% from the previous quarter. Its production figures were also far below the pace needed to fulfill its goal of making 500,000 a year.
The S&P 500 rose 8 points, or 0.3%, to 2,875.
The Dow Jones Industrial Average rose 40 points, or 0.2%, to 26,224. The Nasdaq rose 37 points, or 0.5%, to 7,887.
Bond prices fell. The yield on the benchmark 10-year Treasury rose to 2.52%.
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