Markets Right Now: US stocks indexes close broadly higher

FILE- In this April 5, 2018, file photo, a statue of George Washington, on the steps Federal Hall, overlooks the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, April 16. (AP Photo/Richard Drew, File)

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

4 p.m.

Stocks are closing broadly higher as technology, health care and industrial companies post solid gains.

Microsoft rose 1.2 percent Monday and UnitedHealth Group jumped 2.7 percent.

Truck and engine maker Navistar jumped 9.8 percent after Reuters reported that Volkswagen might buy the company.

Advertising conglomerate WPP sank 4.7 percent after Martin Sorrell said he would step down as CEO.

The S&P 500 index rose 21 points, or 0.8 percent, to 2,677.

The Dow Jones industrial average rose 212 points, or 0.9 percent, to 24,573. The Nasdaq composite climbed 49 points, or 0.7 percent, to 7,156.

The price of oil fell. The yield on the 10-year Treasury note held steady at 2.83 percent.

___

11:45 a.m.

Major U.S. stock indexes are moving higher in midday trading as the market adds to its gains from last week.

Technology and health care companies accounted for much of the rally on Monday.

Microsoft rose 1 percent and Merck & Co. added 2.5 percent.

Truck and engine maker Navistar jumped 8.8 percent after Reuters reported that Volkswagen might buy the company.

Advertising conglomerate WPP sank 5.7 percent after Martin Sorrell said he would step down as CEO.

The S&P 500 index rose 17 points, or 0.6 percent, to 2,673.

The Dow Jones industrial average rose 192 points, or 0.8 percent, to 24,557. The Nasdaq composite climbed 32 points, or 0.5 percent, to 7,139.

Bond prices fell. The yield on the 10-year Treasury rose to 2.84 percent.

___

9:35 a.m.

Stocks are opening broadly higher on Wall Street as technology and health care stocks post solid gains.

Drugmaker Merck & Co. jumped 3 percent early Monday and Microsoft rose 1 percent.

Truck and engine maker Navistar rose 3.3 percent after Reuters reported that Volkswagen might buy the company.

Advertising conglomerate WPP sank 5.3 percent after Martin Sorrell said he would step down as CEO.

The S&P 500 index rose 12 points, or 0.5 percent, to 2,668.

The Dow Jones industrial average rose 157 points, or 0.6 percent, to 24,517. The Nasdaq composite climbed 27 points, or 0.4 percent, to 7,133.

Bond prices fell. The yield on the 10-year Treasury rose to 2.85 percent.

Must Read

Report: China developing advanced lunar mission...

Mar 9, 2017

State media say China is developing an advanced new spaceship capable of both flying in low-Earth...

China conducts demolitions at Tibetan Buddhist...

May 19, 2017

Chinese authorities in southwestern Sichuan province have evicted followers and razed scores of...

China urges balance on environment, economy in...

May 23, 2017

A top Chinese leader says a "proper balance" must be struck between environmental and economic...

China blocks online broadcast of computer go match

May 24, 2017

Censors blocked China's internet users from seeing Google's online broadcast of a national go...

China's Huawei posts slower first-half revenue...

Jul 27, 2017

China's Huawei Technology says first-half revenues at telecom gear, smartphone businesses expand at...

About Us

RedShiftDaily was started out of fascination with mankind discoveries through peering out into the cosmos. Our team of enthusiasts are going to deliver only the best and latest progress in space technology and discovery so you too can share in the excitement.

Contact us: sales[at]redshiftdaily.com