Markets Right Now: US stocks struggle to a mixed finish

NEW YORK (AP) " The latest on developments in global financial markets (all times local):

4:00 p.m.

Stocks are ending mixed after a day of wavering between small gains and losses as investors pore over a big batch of company earnings reports.

McDonald's dropped 4.5 percent, the biggest loss in the Dow Jones industrial average, after the hamburger chain reported disappointing sales growth in the U.S.

Texas Instruments jumped 8 percent after the technology company reported quarterly results that were better than anticipated.

The Dow lost 19 points, or 0.1 percent, to 18,473, weighed down by the drop in McDonald's.

The Standard & Poor's 500 index edged up less than a point to 2,169. The Nasdaq composite rose 12 points, or 0.2 percent, to 5,110.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.56 percent.

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11:45 a.m.

Stocks are mostly lower in midday trading, putting the market on track for its second loss in a row.

The slump Tuesday comes as investors monitor corporate earnings from Gilead, McDonald's, Texas Instruments and other companies.

McDonald's dropped 4 percent, the biggest loss in the Dow Jones industrial average, after the hamburger chain reported disappointing sales growth in the U.S.

Biotechnology company Gilead Sciences fell 8 percent after reporting weak sales and cutting its revenue estimate for the year.

The Dow was down 46 points, or 0.3 percent, to 18,446.

The Standard & Poor's 500 index fell a point to 2,166. The Nasdaq composite edged up 4 points, or 0.1 percent, to 5,102.

Bond prices barely budged. The yield on the 10-year Treasury note held steady at 1.57 percent.

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9:35 a.m.

Stocks are off to a mixed start on Wall Street as investors pore over a large batch of corporate earnings reports.

McDonald's slumped 3 percent in early trading Tuesday, the biggest loss in the Dow Jones industrial average, after the hamburger chain reported disappointing sales growth in the U.S.

Biotechnology company Gilead Sciences dropped 7 percent after reporting weak sales and cutting its revenue estimate for the year.

The Dow edged up 11 points to 18,505.

The Standard & Poor's 500 index was little changed at 2,171. The Nasdaq composite edged up 8 points, or 0.1 percent, to 5,106.

Bond prices barely budged. The yield on the 10-year Treasury note held steady at 1.57 percent.

This story has been automatically published from the Associated Press wire which uses US spellings

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