Markets Right Now: US stocks move broadly higher at midday
NEW YORK (AP) — The latest on developments in financial markets (all times local):
11:45 a.m.
U.S. stocks rose sharply on the last day of trading ahead of the Easter holiday weekend.
Technology stocks, which were big decliners earlier in the week, powered much of the market's climb Thursday. Apple rose 2 percent.
Banks, industrial companies and energy stocks also notched solid gains.
Beverage maker Constellation Brands jumped 3.6 percent after reporting a solid quarter. PVH, which owns Calvin Klein and Tommy Hilfiger, rose 5.3 percent after its own results beat expectations.
The S&P 500 rose 30 points, or 1.2 percent, to 2,635.
The Dow Jones industrial average rose 287 points, or 1.2 percent, to 24,137.