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Markets Right Now: US stock indexes close slightly higher


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

4:00 p.m.

U.S. stock indexes closed slightly higher, led by gains in technology and consumer-focused companies.

Both the Dow Jones industrial average and the Standard & Poor's 500 index closed at record highs Monday.

Apple rose 1.4 percent, and Wal-Mart climbed 1 percent.

Elsewhere, energy companies fell along with the price of crude oil. Pioneer Natural Resources gave up 4.2 percent.

In earnings news, Tyson Foods jumped 5.7 percent after issuing an upbeat forecast.

Medical device company NxStage Medical jumped 28.2 percent after it agreed to be bought by Fresenius Medical Care.

The Standard & Poor's 500 index rose 4 points, or 0.2 percent, to 2,480.

The Dow Jones industrial average climbed 25 points, or 0.1 percent, to 22,118. The Nasdaq composite rose 32 points, or 0.5 percent, to 6,383.

___

11:45 a.m.

Stocks are edging higher in midday trading as gains by technology and consumer-focused companies outweigh losses in the banking and energy sectors.

In earnings news, Tyson Foods gained 4.8 percent Monday after issuing an upbeat forecast.

The price of oil fell 1.4 percent, sending energy companies lower. Anadarko Petroleum lost 1.1 percent.

Aviation electronics company Rockwell Collins climbed 3.7 percent after Reuters reported that rival United Technologies made an offer to buy it.

Medical device company NxStage Medical jumped 28 percent after it agreed to be bought by Fresenius Medical Care.

The Standard & Poor's 500 index rose 1 point, or 0.1 percent, to 2,478.

The Dow Jones industrial average edged up 12 points, less than 0.1 percent, to 22,103. The Nasdaq rose 27 points, or 0.4 percent, to 6,378.

___

9:35 a.m.

Stocks are little changed in early trading as technology companies rise and energy companies slip with the price of oil.

Investors continued to concentrate on corporate earnings Monday. Tyson Foods gained 4.8 percent as its forecasts pleased investors.

Benchmark U.S. crude oil fell 1.4 percent and Anadarko Petroleum lost 1.1 percent.

Aviation electronics company Rockwell Collins climbed 5.4 percent after Reuters reported that rival United Technologies made an offer to buy it.

Medical device company NxStage Medical jumped 28.5 percent after it agreed to be bought by Fresenius Medical Care for $30 a share, or $1.97 billion.

The Standard & Poor's 500 index was unchanged at 2,476.

The Dow Jones industrial average lost 7 points to 22,085. The Nasdaq composite rose 10 points, or 0.2 percent, to 6,362.

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