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Markets Right Now: US stock indexes are off to a mixed start

Stocks are off to a mixed start on Wall Street as gains for Boeing and other industrial companies are offset by losses elsewhere in the market.

Reported by: AP Published on: October 24, 2018 19:30 IST
Markets Right Now: US stock indexes are off to a mixed start
Image Source : AP Markets Right Now: US stock indexes are off to a mixed start

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

9:35 a.m.

Stocks are off to a mixed start on Wall Street as gains for Boeing and other industrial companies are offset by losses elsewhere in the market.

Boeing jumped 2.2 percent in early trading Wednesday after beating analysts' earnings forecasts and raising its estimates for the year, citing faster orders for aircraft.

Texas Instruments, a major chipmaker, slumped 5.5 percent after its results missed forecasts.

The S&P 500 index fell 4 points, or 0.2 percent, to 2,736.

The Dow Jones Industrial Average was higher thanks to the gain in Boeing. The 30-stock index rose 71 points, or 0.3 percent, to 25,259. The Nasdaq composite gave up 9 points, or 0.1 percent, to 7,427.

Bond prices rose. The yield on the 10-year Treasury note fell to 3.13 percent.

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