Markets Right Now: US stocks end strong week with tiny gains
NEW YORK (AP) - The latest on developments in global financial markets (all times local):
4:00 p.m.
Stocks closed out a big week with minor gains as markets stage a comeback after a swoon following Britain's historic vote to leave the European Union.
The U.S. market ended the week up 3 percent Friday, its biggest weekly gain since November. British stocks have regained all the ground they lost since the vote last week, and U.S. stocks have come close.
Consumer-focused stocks rose more than the rest of the market. Netflix jumped 5.7 percent.
The Dow Jones industrial average rose 19 points, or 0.1 percent, to 17,949.
The Standard & Poor's 500 index gained 4 points, or 0.2 percent, to 2,102. The Nasdaq composite climbed 19 points, or 0.4 percent, to 4,862.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.44 percent.
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11:45 a.m.
U.S. stocks are edging higher in midday trading as the market extends its gains to a fourth day.
Consumer-focused stocks rose more than the rest of the market Friday. Home Depot rose 2 percent and Netflix moved up 5 percent.
The Dow Jones industrial average was up 46 points, or 0.3 percent, to 17,976.
The Standard & Poor's 500 index gained 6 points, or 0.3 percent, to 2,104. The Nasdaq composite climbed 26 points, or 0.5 percent, to 4,868.
Bond prices didn't move much. The yield on the 10-year Treasury note held steady at 1.47 percent.
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9:35 a.m.
U.S. stocks are edging higher in early trading as the market loses momentum after a three-day rally.
Consumer-focused stocks rose more than the rest of the market early Friday. Amazon and Home Depot each rose 1 percent and Netflix moved up 4 percent.
The Dow Jones industrial average was up 18 points, or 0.1 percent, to 17,946.
The Standard & Poor's 500 index gained 3 points, or 0.2 percent, to 2,101. The Nasdaq composite climbed 12 points, or 0.3 percent, to 4,855.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.43 percent.