Markets Right Now: US stocks xxx

By The Associated Press | Posted - Mar. 13, 2017 at 2:10 p.m.



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

4:00 p.m.

Stocks are ending mixed on Wall Street in subdued trading ahead of this week's meeting of Federal Reserve policymakers.

Modest gains in materials companies and utilities Monday were offset by declines in health care and consumer goods stocks.

Copper miner Freeport-McMoRan rose 1.6 percent, while Merck fell 1.5 percent.

Mobileye jumped 28 percent after the Israeli technology company agreed to be acquired by Intel.

The Standard & Poor's 500 index closed up a fraction at 2,373.

The Dow Jones industrial average slipped 21 points, or 0.1 percent, to 20,881. The Nasdaq composite rose 14 points, or 0.2 percent, to 5,875.

More stocks rose than fell on the New York Stock Exchange.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.62 percent.

___

11:45 a.m.

Stock indexes are mixed in midday trading on Wall Street in subdued trading ahead of this week's meeting of Federal Reserve policymakers.

Modest gains in dividend stocks like utilities and real estate companies Monday were canceled out by declines elsewhere, including health care and industrial stocks.

Copper miner Freeport-McMoRan rose 3.2 percent and Chesapeake Energy gained 2.7 percent.

Mobileye jumped 30 percent after the Israeli technology company agreed to be acquired by Intel. Mobileye makes systems that help self-driving cars run.

The Standard & Poor's 500 index was little changed at 2,372.

The Dow Jones industrial average slipped 20 points, or 0.1 percent, to 20,882. The Nasdaq composite rose 8 points, or 0.1 percent, to 5,870.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.60 percent.

___

9:35 a.m.

Stocks are opening modestly higher on Wall Street, led by energy and materials companies.

Range Resources rose 2 percent in early trading Monday.

Israeli technology company Mobileye jumped 30 percent after agreeing to be acquired by Intel.

The Standard & Poor's 500 index rose 1 point to 2,373.

The Dow Jones industrial average was little changed at 20,902. The Nasdaq composite rose 5 points, or 0.1 percent, to 5,867.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.59 percent.

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The Associated Press

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