NEW YORK (AP) — The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are opening broadly higher on Wall Street as technology companies rise after a three-day losing streak.
Microsoft climbed 1 percent in early trading Tuesday.
Industrial companies were also higher. Boeing rose 1.6 percent and 3M gained 1.8 percent.
Several companies were making big moves after reporting their quarterly results. Chip equipment maker KLA-Tencor jumped 11.6 percent after beating estimates, while IPG Photonics plunged 21.6 percent after falling short.
The S&P 500 index rose 11 points, or 0.4 percent, to 2,813.
The Dow Jones Industrial Average gained 105 points, or 0.4 percent, to 25,406. The Nasdaq composite climbed 39 points, or 0.5 percent, to 7,668.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.96 percent.
