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Markets Right Now: Dow inches to another all-time high

Last Updated Sep 21, 2018 at 4:20 pm EST

NEW YORK, N.Y. – The latest on developments in financial markets (all times local):

4 p.m.

Stocks are closing mixed on Wall Street even as the Dow Jones Industrial Average crept up to another all-time high.

Losses Friday for technology companies and retailers, two of the market’s hottest sectors this year, offset gains in other sectors.

Facebook gave up 1.9 per cent and Amazon fell 1.5 per cent.

Chipmaker Micron fell 2.9 per cent after saying its profits would be hurt by tariffs on Chinese imports that go into effect on Monday.

The S&P 500 index slipped 1 point to 2,929.

The Dow Jones Industrial Average rose 86 points, or 0.3 per cent, to 26,743, thanks largely to big gains in Boeing and McDonald’s.

The Nasdaq composite fell 41 points, or 0.5 per cent, to 7,986.

Bond prices rose. The yield on the 10-year Treasury fell to 3.06 per cent.

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11:45 a.m.

Stocks are moving higher on Wall Street, building on gains the market made a day earlier.

Telecommunications companies rose Friday, led by a 2 per cent gain in AT&T. Major U.S. indexes are still at record highs.

The British pound fell after British Prime Minister Theresa May said talks over exiting the European Union are at an impasse.

Chipmaker Micron fell 1.8 per cent after saying its profits would be hurt by tariffs on Chinese imports that go into effect on Monday.

The Dow Jones Industrial Average rose 88 points, or 0.3 per cent, to 26,745.

The S&P 500 rose 6 points, or 0.2 per cent, to 2,936. The Nasdaq composite edged down 2 points to 8,025.

Bond prices didn’t move much. The yield on the 10-year Treasury held steady at 3.07 per cent.

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9:35 a.m.

Stocks are opening higher on Wall Street, building on gains the market made a day earlier.

Telecommunications companies rose Friday, led by a gain in AT&T. Major U.S. indexes are still at record highs.

The British pound fell after British Prime Minister Theresa May said talks over exiting the European Union are at an impasse.

Chipmaker Micron fell 4 per cent after saying its profits would be hurt by tariffs on Chinese imports that go into effect on Monday.

The Dow Jones Industrial Average rose 75 points, or 0.3 per cent, to 26,735.

The S&P 500 rose 9 points, or 0.3 per cent, to 2,939. The Nasdaq composite climbed 24 points, or 0.3 per cent, to 8,052.

Bond prices fell. The yield on the 10-year Treasury rose to 3.08 per cent.