Markets
Published | Updated

Markets Right Now: More records for S&P 500, Dow industrials

By The Associated Press Associated Press

The latest on developments in financial markets (All times local):

4 p.m.

Stocks ended modestly higher on Wall Street, enough to mark more record highs for two major indexes.

Technology stocks drove the gains Monday. Apple gained 1.9 percent and chipmaker Advanced Micro Devices rose 2.2 percent.

Energy and health care stocks also rose, making up for losses in banks and industrial companies.

Crude oil prices rose Monday, and traders were watching bitcoin futures on their first day of trading.

The Standard & Poor's 500 index rose 8 points, or 0.3 percent, to 2,659.

The Dow Jones industrial average added 56 points, or 0.2 percent, to 24,386. The S&P 500 and the Dow both closed at all-time highs.

The Nasdaq added 35 points, or 0.5 percent, to 6,875.

Bond prices fell. The yield on the 10-year Treasury rose to 2.39 percent.

___

11:45 a.m.

Stocks are edging higher in midday trading as gains in technology and energy companies outweigh losses among banks and makers of consumer goods.

Crude oil prices rose Monday, and bitcoin futures were higher on their first day of trading.

Advanced Micro Devices rose 1.2 percent and Chesapeake Energy rose 4.2 percent.

Traders are looking ahead to an announcement on interest rates Wednesday from the Federal Reserve. The Fed is expected to raise rates for the third time this year.

The Standard & Poor's 500 index rose 5 points, or 0.2 percent, to 2,656.

The Dow Jones industrial average added 27 points, or 0.1 percent, to 24,356. The Nasdaq composite added 29 points, or 0.4 percent, to 6,869.

___

9:35 a.m.

Stocks are opening mostly higher on Wall Street led by gains in technology and energy stocks.

Advanced Micro Devices rose 1.5 percent in early trading Monday and Chesapeake Energy rose 2.2 percent.

Trading in Bitcoin futures began Sunday. They fell slightly in early trading Monday from their overnight high. The futures contract that expires in January was trading at $17,820.

Traders are looking ahead to an announcement on interest rates Wednesday from the Federal Reserve. The Fed is expected to raise rates for the third time this year.

The Standard & Poor's 500 index rose 1 point to 2,652.

The Dow Jones industrial average added 3 points to 24,332. The Nasdaq composite added 15 points, or 0.2 percent, to 6,856.