News

Markets Right Now: Stocks hold near record levels

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

9:35 a.m.

Stocks held near record levels in early trading on Wall Street as traders waited for the next developments in trade talks between the U.S. and China.

Technology and communications companies were mostly higher early Tuesday, while banks and health care stocks fell.

In earnings news, Dollar Tree slumped 16.6% after reporting results that fell short of analysts’ forecasts, while Best Buy jumped 5.1% after releasing solid earnings.

The S&P 500 edged up less than 1 point to 3,134.

The Dow Jones Industrial Average held steady at 28,066. The Nasdaq edged up 3 points to 8,635.

Bond prices rose. The yield on the 10-year Treasury fell to 1.74%.

The Associated Press