Markets now: stocks are shaken; market is approaching bull record



FILE – On this photo from July 6, 2015 an American flag is draped on the outside of the New York Stock Exchange. The US equity market opens on Wednesday, August 22, 2018 at 9.30 am on EDT.

Mark Lennihan / AP

NEW YORK – The latest news on developments in the financial markets (all times local):

11:45 am

Shares fluctuate between small profits and losses because the American market is ready to mark its longest bull runs in history.

The S & P 500 is on track to record its longest bull market Wednesday and beat the bull market of the nineties.

Retailers were again in the picture and a number of them moved after reporting their latest quarterly results. Target rose by 4.8 percent and Lowe jumped by 7.5 percent.

Hartford Financial Services fell 4.2 percent after the announcement of an acquisition.

The S & P 500 index rose by 3 points, or 0.1 percent, to 2,866.

The Dow Jones Industrial Average fell by 16 points, or 0.1 percent, to 25,805. The Nasdaq composite rose by 30 points, or 0.4 percent, to 7,889.

Bond prices rose. The return on the 10-year treasury fell to 2.83 percent.

9:35 am

Stocks have started mixed on Wall Street as the US market is ready to reach its longest bull run ever.

Retailers were again in focus at the beginning of Wednesday and a number of them moved after reporting their latest quarterly results.

The target rose by 4.5 percent and Lowe jumped by 8.1 percent after both released revenues ahead of analysts' forecasts.

Hartford Financial Services fell 3.6 percent after the announcement of a takeover.

The S & P 500 index fell 1 point to 2,861.

The Dow Jones Industrial Average rose by 8 points to 25,828. The Nasdaq composite rose by 7 points, or 0.1 percent, to 7,866.

Bond prices rose. The return on the 10-year treasury fell to 2.82 percent.


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