US stock indexes are off to a mixed start

By The Associated Press | Posted - Mar. 3, 2017 at 8:25 a.m.



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NEW YORK (AP) — Stocks are off to a mixed start on Wall Street.

The major indexes are little changed in the early going, ahead of a speech by Federal Reserve Chair Janet Yellen. Investors will be listening for clues on whether the central bank will raise interest rates again later this month.

Traders are also looking at the latest batch of quarterly results.

Costco slid 3.6 percent after the warehouse club operator reported earnings that missed estimates. Marvell Technology rose 2 percent after the semiconductor maker's latest earnings and outlook beat estimates.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.49 percent.

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The Associated Press

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