Markets Right Now: Stocks are mostly lower at midday
NEW YORK (AP) — The latest on developments in financial markets (all times local):11:45 a.m.
Stocks are mostly lower in midday trading as retailers and car companies lose ground but technology companies edge higher.
Stitch Fix, an online clothing seller, plunged 31 percent Tuesday after its user totals fell short of analysts' forecasts.
Pepsi fell 1.2 percent after warning that the strong dollar will hurt its results.
Mining companies rose along with the prices of gold and other metals. Newmont Mining rose 2.4 percent.
The S&P 500 rose 4 points, or 0.2 percent, to 2,929.
The Dow Jones Industrial Average rose 125 points, or 0.5 percent, driven by big gains in a handful of Dow stocks including Boeing.