Markets Right Now: Stocks waver near record highs

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

11:45 a.m.

Stocks wavered around their recent record high levels on Wall Street as traders waited for new clues about where trade talks between the U.S. and China were headed.

Chipmakers were doing well in midday trading Monday, but those gains were offset by losses in other sectors including energy.

Nvidia rose 3.8%. Chevron gave up 1.5%.

CoverGirl owner Coty rose 1% after the company said it was buying a majority stake in reality TV star Kylie Jenner's beauty business.

The S&P 500 was up less than 1 point at 3,120. The index is coming off six straight weeks of gains.

The Dow Jones Industrial Average edged up 9 points to 28,014. The Nasdaq edged down 2 point to 8,538.

Bond price rose. The yield on the 10-year Treasury fell to 1.80%.

___

9:35 a.m.

Stocks are opening lower on Wall Street as investors weigh mixed signals on trade negotiations between the U.S. and China.

Technology and communications companies led the declines in early trading Monday.

Broadcom fell 1% and CBS lost 1.4%.

Energy stocks were also lower as the price of crude oil fell. ConocoPhillips gave up 2.5%.

The S&P 500 fell 6 points, or 0.2%, to 3,114.

The Dow Jones Industrial Average fell 20 points, or 0.1%, to 27,982. The Nasdaq lost 25 points, or 0.3%, to 8,515.

Bond price rose. The yield on the 10-year Treasury fell to 1.81%.

Must Read

Ahead of the Bell: US existing-home sales

Aug 24, 2016

US home sales expected to dip 1.3 percent in July after hitting nine-year high in June

Asian shares waver in thin trading after Wall...

Aug 25, 2016

Shares wavered in thin but volatile trading in Asia on Thursday, following a bleak day on Wall...

USDA to reopen offices closed after email threats

Aug 31, 2016

The Agriculture Department will reopen some offices that were closed Tuesday after an unspecified...

AP FACT CHECK: Trump on immigration

Sep 1, 2016

AP FACT CHECK: Trump's day of clarification on immigration policy did not always hew to the actual...

Poll: More voters trust Clinton on health care

Sep 1, 2016

A new poll finds that more voters trust Democratic presidential candidate Hillary Clinton to do a...

Sign up now!

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales[at]intheheadline.com