AP NEWS

Markets Right Now: Stock waver to a mixed close

April 2, 2019
Traders Neal Catania, left, and Benjamin Tuchman work on the floor of the New York Stock Exchange, Tuesday, April 2, 2019. Stocks are opening lower on Wall Street as the market pulls back following a three-day rally. (AP Photo/Richard Drew)

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

4 p.m.

Stocks shook off an early slump and wound up little changed on Wall Street as gains for some big tech companies were offset by losses in other sectors.

The S&P 500 index eked out a tiny gain Tuesday, extending a winning streak into a fourth day. Small-company stocks fell.

Facebook jumped 3.3% and Apple added 1.5%.

Airline stocks rose after Delta raised its profit forecast for the current quarter. Delta jumped 6%.

Walgreens Boots Alliance sank 12.8% after slashing its forecast for full-year results.

The S&P 500 edged up less than 1 point to 2,867.

The Dow Jones Industrial Average lost 79 points, or 0.3%, to 26,179. The Nasdaq edged up 19 points, or 0.3%, to 7,848.

Bond prices rose. The yield on the benchmark 10-year Treasury fell to 2.47%.

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11:45 a.m.

Consumer products and energy companies were pulling broad market indexes mostly lower on Wall Street in midday trading.

Walgreens Boots Alliance sank 12% Tuesday after slashing its forecast for full-year results and turning in quarterly profits that fell far short of what analysts were expecting. Competitor CVS Health gave up 2.7%.

Airlines were broadly higher after Delta raised its profit forecast for the current quarter. Delta jumped 7.1%.

Several big technology companies also rose. Facebook climbed 2.7%.

The S&P 500 index fell 1 point, or 0.1%, to 2,865.

The Dow Jones Industrial Average lost 83 points, or 0.3%, to 26,175. The Nasdaq edged up 8 points, or 0.1%, to 7,837.

Bond prices rose. The yield on the benchmark 10-year Treasury note fell to 2.48%.

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9:35 a.m.

Stocks are opening lower on Wall Street as the market pulls back following a three-day rally.

Health care and consumer products companies dragged the main U.S. indexes lower in early trading Tuesday.

Walgreens Boots Alliance sank 12.8% after slashing its forecast for full-year results and turning in quarterly profits that fell far short of what analysts were expecting. CVS Health gave up 4.3%.

Dow Inc. rose 3.1% in its first day of trading after being spun off from chemical maker DowDuPont.

The S&P 500 index fell 3 points, or 0.1%, to 2,864.

The Dow Jones Industrial Average lost 84 points, or 0.3%, to 26,173. The Nasdaq fell 4 points, or 0.1%, to 7,823.

Bond prices rose. The yield on the benchmark 10-year Treasury note fell to 2.48%.