Markets Right Now: Energy stocks, banks lead indexes higher
The latest on developments in financial markets (All times local):11:45 a.m.
Stocks are moving higher on Wall Street as energy companies and banks post solid gains.
Goldman Sachs and Chevron sent the Dow Jones industrial average higher at midday Thursday. Goldman rose 2.2 percent and Chevron added 2.9 percent.
Consulting firm Accenture jumped 3.2 percent after reporting earnings that beat analysts' estimates.
California utility PG&E plunged 15 percent after suspending its dividend citing the potential for liabilities related to the wildfires there.
The Standard & Poor's 500 index rose 10 points, or 0.4 percent, to 2,689.
The Dow rose 112 points, or 0.5 percent, to 24,838. The Nasdaq composite gained 23 points, or 0.