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published on August 28, 2018 - 1:30 PM
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(AP) — The latest on developments in financial markets (all times local):

4 p.m.
Stocks indexes ended slightly higher after a day of wavering between small gains and losses.

Technology stocks rose Tuesday, as did some retailers, but banks, energy companies and makers of consumer goods ended broadly lower.

Chipmaker Qualcomm rose 3.6 percent, but ConocoPhillips fell 1.1 percent.

Discount shoe store operator DSW soared 20 percent after reporting a strong quarter.

The S&P 500 index edged up less than 1 point to 2,897.

The Dow Jones Industrial Average rose 14 points to 26,064. The Nasdaq composite rose 12 points, or 0.2 percent, to 8,030.

The S&P 500 and the Nasdaq closed at record highs.

Bond prices fell. The yield on the 10-year Treasury rose to 2.88 percent.

11:45 a.m.
Major U.S. stock indexes are little changed on Wall Street after giving up an early gain.

Energy companies and banks are taking modest losses Tuesday while health care and technology companies are slightly higher.

Noble Energy fell 1.2 percent and SVB Financial lost 1.6 percent.

Retailers including shoe store operator DSW and Tiffany are climbing after strong quarterly reports. DWS soared 20 percent.

Indexes are still near record highs after strong gains the past few days.

The S&P 500 index edged down 1 point to 2,895.

The Dow Jones Industrial Average fell 12 points to 26,063. The Nasdaq composite was down a fraction of a point at 8,017.

Bond prices fell. The yield on the 10-year Treasury rose to 2.87 percent.

9:35 a.m.
Stocks are opening broadly higher on Wall Street as stocks add to the records they’ve set in the last few days.

Shoe retailer DSW surged 23 percent in early trading Tuesday after reporting second-quarter results that were far stronger than analysts expected.

Tiffany jumped 3.7 percent. The company raised its annual forecasts after beating Wall Street estimates in its latest quarter.

Best Buy fell 5.7 percent after issuing a disappointing forecast for the current quarter.

The S&P 500 index rose 6 points, or 0.2 percent, to 2,903.

The Dow Jones Industrial Average climbed 64 points, or 0.2 percent, to 26,112. The Nasdaq composite increased 16 points, or 0.2 percent, to 8,033.

Bond prices fell. The yield on the 10-year Treasury rose to 2.88 percent.


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