Markets Right Now: US stock indexes move higher at midday
NEW YORK (AP) — The latest on developments in financial markets (all times local):
11:45 a.m.
U.S. stocks are climbing in midday trading as technology companies, banks and industrial companies rally.
Delta Air Lines and BlackRock are rising Thursday after reporting strong results in the first quarter. Delta and BlackRock each rose 2.3 percent.
Big technology companies are also making big gains. Intel jumped 2.9 percent and chipmaker Micron Technology rose 3.8 percent.
Bed, Bath & Beyond plunged 19 percent after giving a weak forecast for its fiscal year.
The S&P 500 rose 21 points, or 0.8 percent, to 2,663.
The Dow Jones industrial average rose 286 points, or 1.2 percent, to 24,472.