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NEW YORK (AP) — The latest on developments in global financial markets (all times local):
4:00 p.m.
U.S. stocks are closing higher, with many of the biggest gains coming in technology and consumer stocks.
Solid quarterly results from cruise line operator Carnival sent travel companies higher Tuesday. Carnival jumped 4 percent.
Tech companies were also posting solid gains. Microsoft climbed 2 percent.
Traders were encouraged by a survey that showed consumer confidence at a nine-year high.
Energy and utility companies lagged the market.
The Dow Jones industrial average rose 133 points, or 0.7 percent, to 18,228.
The Standard & Poor's 500 index climbed 13 points, or 0.6 percent, to 2,159. The Nasdaq composite gained 48 points, or 0.9 percent, to 5,305.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.56 percent.
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11:45 a.m.
Major U.S. stock indexes are moving higher in midday trading on Wall Street, but energy companies are lagging the market as the price of crude oil slumps.
Technology and travel companies are among the biggest winners Tuesday.
Cruise operator Carnival jumped 4 percent after reporting solid results, and data storage company Western Digital gained 3.5 percent.
Chesapeake Energy slumped 8 percent, the biggest drop in the Standard & Poor's 500 index.
The Dow Jones industrial average was up 81 points, or 0.5 percent, to 18,176.
The S&P 500 rose 7 points, or 0.4 percent, to 2,154. The Nasdaq composite gained 28 points, or 0.5 percent, to 5,286.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.56 percent.
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9:35 a.m.
Major U.S. stock indexes are wavering between small gains and losses in early trading, while energy companies sink along with the price of crude oil.
Devon Energy fell 2 percent shortly after the opening bell Tuesday, the biggest loss in the Standard & Poor's 500 index.
Rice Energy slumped 7 percent after announcing that it would buy Vantage Energy for $2.7 billion including debt.
The Dow Jones industrial average was up 30 points, or 0.2 percent, to 18,124
The Standard & Poor's 500 index edged up 2 points, or 0.1 percent, to 2,149. The Nasdaq composite was up 13 points, or 0.2 percent, to 5,270.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.55 percent.
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