Loading…
Wednesday, July 23, 2014
Current Weather
Loading Current Weather....
Published: Monday, 6/2/2014

U.S. stocks are mixed in midday trading

ASSOCIATED PRESS

NEW YORK — U.S. stock indexes are mixed in midday trading as the market comes off its latest record high last week.

The Dow Jones industrial average edged up 18 points, or 0.1 percent, to 16,740 as of noon today.

The Standard & Poor’s 500 index edged up less than a point to 1,924. The Nasdaq composite fell seven points, or 0.2 percent, to 4,235.

The Dow and S&P 500 both closed at record highs on Friday.

Broadcom jumped 10 percent after saying it would seek a buyer for its division that makes chips used in cellular devices.

European markets mostly rose.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.54 percent, up from 2.48 percent late Friday but still near its low for the year.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories