Markets Right Now: Tech, banks lead early gains
NEW YORK (AP) – The latest on developments in financial markets (All times local):
Technology companies and banks are leading stock indexes modestly higher in early trading on Wall Street.
Apple rose 1.7 percent in the first few minutes of trading Monday, while Google’s parent company, Alphabet, gained 1.6 percent. Bank of America gained 1.4 percent.
The Standard & Poor’s 500 index rose 10 points, or 0.5 percent, to 2,444.
The Dow Jones industrial average increased 72 points, or 0.3 percent, to 21,457. The Nasdaq composite climbed 60 points, or 1 percent, to 6,211.