Markets Right Now: Stocks climb in early trading

NEW YORK — The latest on developments in financial markets (all times local):

9:35 a.m.

Stocks are rising broadly in early trading on Wall Street as investors applauded encouraging quarterly results from major retailers.

Target soared 17% in early trading Wednesday after releasing earnings that blew past analysts' expectations and raising its full-year forecast.

Lowe's also jumped 11.5% after its results also beat forecasts. That came a day after rival Home Depot reported strong results of its own.

Traders will be looking out for minutes released later in the day from the Federal Reserve's latest policy meeting.

The S&P 500 rose 23 points, or 0.8%, to 2,923.

The Dow Jones Industrial Average added 220, or 0.9%, to 26,181. The Nasdaq climbed 63, or 0.8%, to 8,011.

Bond prices fell. The yield on the 10-year Treasury rose to 1.59% from 1.56%.

You may also interested in

Best Buy posts higher profit, better online and store sales

Aug 23, 2016

Best Buy's profit has jumped 21 percent for the second quarter

Some vacation spots quietly benefit as travelers avoid Zika

Aug 23, 2016

Zika fears are leading some to book away from the Caribbean and Florida

Auto, technology industries clash over talking cars

Aug 26, 2016

Automakers say cars that wirelessly talk to each other are finally ready for the road

People also read these

Self-driving cars go public; Uber offers rides in Pittsburgh

Aug 18, 2016

The option to hail a ride in a self-driving car will soon be available to Uber users in Pittsburgh

Rural church among those providing aid after Louisiana flood

Aug 21, 2016

Rural church among those providing aid, including food and prayer services, after Louisiana flood

Tesla lays claim to world's fastest production car

Aug 23, 2016

Tesla Motors says new version of the Model S electric car is now the quickest production car in the world from zero to 60 miles per hour

Emporium Post fulfils the need to know all things about consumers and how businesses can take this opportunity to reach their own customers.

Contact us: sales@emporiumpost.com

Join our mailing list now!