Markets Right Now: Tech stocks send indexes mostly higher

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

4 p.m.

Stocks are closing mostly higher as gains in technology companies and retailers are partly offset by losses in consumer goods makers.

Netflix soared 10 per cent Tuesday after reporting a big gain in subscribers. Amazon climbed 2.7 per cent.

U.S. solar power companies and Whirlpool rose after President Donald Trump approved tariffs on imported solar-energy and washing machine components.

Johnson & Johnson slumped 4.3 per cent and Procter & Gamble lost 3.1 per cent after each company reported disappointing results.

The Standard & Poor’s 500 index rose 6 points, or 0.2 per cent, to 2,839.

The Dow Jones industrial average fell 3 points, less than 0.1 per cent, to 26,210. The Nasdaq rose 52 points, or 0.7 per cent, to 7,460.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.62 per cent.

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11:45 a.m.

Stocks are mostly higher in midday trading as gains in technology companies and retailers are partly offset by losses in consumer goods makers.

Netflix soared 10 per cent Tuesday after it gained more subscribers than expected in the fourth quarter. Amazon rose 1.6 per cent.

U.S. solar power companies and Whirlpool rose after President Donald Trump approved tariffs on imported solar-energy and washing machine components.

Johnson & Johnson and Procter & Gamble each fell 3 per cent after reporting disappointing results.

The Standard & Poor’s 500 index rose 4 points, or 0.1 per cent, to 2,836.

The Dow Jones industrial average fell 17 points, or 0.1 per cent, to 26,197. The Nasdaq rose 39 points, or 0.5 per cent, to 7,446.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.62 per cent.

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9:35 a.m.

Gains in technology and consumer-focused companies are sending stock indexes mostly higher in early trading on Wall Street.

Netflix soared 11 per cent in the first few minutes of trading Tuesday after reporting a strong quarter. Amazon rose 1 per cent.

Johnson & Johnson and Procter & Gamble both fell after reporting disappointing results, pulling the Dow Jones industrial average lower.

The Standard & Poor’s 500 index rose 2 points, or 0.1 per cent, to 2,835.

The Dow industrials fell 23 points, or 0.1 per cent, to 26,187. The Nasdaq composite rose 21 points, or 0.3 per cent, to 7,428.

Small-company stocks were broadly lower.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.63 per cent.