- Associated Press - Tuesday, July 24, 2018

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

4 p.m.

Stocks are ending mostly higher after several big U.S. companies turned in strong quarterly results.

Google’s parent company Alphabet climbed 3.9 percent and Harley-Davidson jumped 7.7 percent. Drugmaker Biogen rose 4.1 percent.

Appliance maker Whirlpool plunged 14.5 percent after its results came in well under analysts’ forecasts. The company said tariffs on imported steel and aluminum were hurting its profits.

Small-company stocks, which have been beating the rest of the market this year, turned lower.

The S&P; 500 index rose 13 points, or 0.5 percent, to 2,820.

The Dow Jones Industrial Average rose 197 points, or 0.8 percent, to 25,241. The Nasdaq composite slipped 1 point to 7,840.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.95 percent.


11:45 a.m.

U.S. stocks moved broadly higher as investors welcomed strong quarterly earnings reports from Google parent Alphabet, drugmaker Biogen and other companies.

Technology and health care stocks accounted for much of the market’s gains Tuesday. Alphabet rose 4.1 percent and Biogen climbed 4.3 percent.

Harley-Davidson surged 7.6 percent after reporting a strong quarter.

Energy companies rose along with the price of crude oil. Chevron rose 2.1 percent.

Utilities and other safe-play stocks lagged the market.

The S&P; 500 index rose 13 points, or 0.5 percent, to 2,820.

The Dow Jones Industrial Average rose 190 points, or 0.8 percent, to 25,233. The Nasdaq composite climbed 18 points, or 0.2 percent, to 7,861.


9:35 a.m.

Stocks are opening broadly higher on Wall Street as investors were pleased to see strong earnings reports from a number of U.S. companies.

Harley-Davidson rose 4.4 percent early Tuesday after its earnings came in well ahead of what analysts were expecting.

Biogen was also up 5.6 percent after turning in strong quarterly results and raising its forecast for the year.

Appliance maker Whirlpool sank 11.7 percent after its results came up short of forecasts. The company is being hurt by tariffs on imported aluminum and steel.

The S&P; 500 index rose 19 points, or 0.7 percent, to 2,826.

The Dow Jones Industrial Average rose 150 points, or 0.6 percent, to 25,198. The Nasdaq composite climbed 84 points, or 1.1 percent, to 7,926.

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