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Markets Right Now: Stocks edge higher in early trading

Stocks are edging higher in early trading on Wall Street as technology companies rise and several companies gain after reporting higher earnings.

Reported by: AP Published on: November 06, 2018 20:30 IST
Markets Right Now: Stocks edge higher in early trading
Image Source : AP Markets Right Now: Stocks edge higher in early trading

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

9:35 a.m.

Stocks are edging higher in early trading on Wall Street as technology companies rise and several companies gain after reporting higher earnings.

CVS Health rose 2 percent Tuesday after reporting results that beat analysts' forecasts and raising its outlook for the year.

Travel website operator Booking Holdings rose 6.7 percent.

Rental car company Avis Budget Group sank 9.4 percent after its earnings and sales fell short of forecasts.

The S&P 500 index rose 6 points, or 0.2 percent to 2,745.

The Dow Jones Industrial Average climbed 53 points, or 0.2 percent, to 25,520. The Nasdaq composite rose 50 points, or 0.7 percent, to 7,377.

Bond prices fell. The yield on the 10-year Treasury rose to 3.20 percent.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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