Markets Right Now: Stocks open broadly higher on Wall Street

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

9:35 a.m.

Stocks are opening broadly higher on Wall Street, putting the market on track for a big weekly gain following four straight weeks of losses.

Technology companies and banks did the most to lift major indexes in the early going on Friday. Intel rose 1.5% and Citigroup added 1%

Campbell Soup jumped 6.9% and Big Lots soared 12.1%. Both companies reported quarterly profits that easily beat analysts’ forecasts.

Ulta Beauty plunged 25% after reporting weak results and cutting its estimates.

U.S. markets will be closed Monday for Labor Day.

The S&P 500 rose 15 points, or 0.5%, to 2,939.

The Dow Jones Industrial Average added 140, or 0.5%, to 26,502. The Nasdaq climbed 34, or 0.4%, to 8,006.

Bond prices fell. The yield on the 10-year Treasury rose to 1.52%.