Markets Right Now: Stocks closing mixed on Wall Street

Posted on Tuesday, June 12th, 2018 By The Associated Press

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

4:00 p.m.

Stocks are closing mixed as technology companies and retailers rise, and the S&P 500 is ending at a four-month high.

Twitter climbed 5 percent Tuesday and Dollar Tree gained 3 percent. However energy companies and banks took losses.

A federal judge is expected to rule shortly on whether AT&T can buy Time Warner in a major antitrust trial. AT&T rose 0.5 percent and Time Warner rose 0.1 percent.

The S&P 500 rose 4 points, or 0.2 percent, to 2,786, the highest close since Feb. 1.

The Dow Jones industrial average slid 1 point to 25,320. The Nasdaq composite added 43 points, or 0.6 percent, to a record high of 7,703.

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12:00 p.m.

Stocks are higher at midday as technology companies and retailers rise. The S&P 500 index is on pace for a three-month high.

Twitter climbed 6 percent Tuesday and Dollar Tree gained 3.1 per cent.

A federal judge is expected to rule later Tuesday on whether AT&T can buy Time Warner in a major antitrust trial. AT&T rose 0.4 percent and Time Warner fell 0.3 percent.

Restaurant chain Dave & Buster's soared 13.9 percent after strong quarterly earnings.

Stocks had little reaction to the conclusion of President Donald Trump's meeting with Kim Jong Un of North Korea.

The S&P 500 rose 6 points, or 0.2 percent, to 2,788.

The Dow Jones industrial average climbed 20 points, or 0.1 percent, to 25,343. The Nasdaq composite added 42 points, or 0.6 percent, to 7,702.

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9:35 a.m.

Stocks are opening slightly higher after the conclusion President Donald Trump's meeting with Kim Jong Un of North Korea.

Technology companies and banks rose Tuesday. Twitter climbed 5.5 percent and Comerica gained 1.3 percent.

A federal judge is expected to rule on whether AT&T can buy Time Warner in a major antitrust trial. AT&T rose 0.8 percent and Time Warner fell 0.2 percent.

Restaurant chain Dave & Buster's soared 12.6 percent after strong quarterly earnings.

The S&P 500 index rose 3 points, or 0.1 percent, to 2,785, on pace for a three-month high.

The Dow Jones industrial average climbed 18 points, or 0.1 percent, to 25,340. The Nasdaq composite added 18 points, or 0.2 percent, to 7,677.

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