Markets Right Now: Stocks are off to mixed start

Markets Right Now: Stocks are off to mixed start
FILE - In this Oct. 25, 2016, file photo, a pedestrian walks past the New York Stock Exchange, in lower Manhattan. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 16, 2018. (AP Photo/Mary Altaffer, File)

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

9:35 a.m.

Stocks are mostly higher on Wall Street as gains for technology companies are partly offset by losses in other parts of the market.

Adobe jumped 4 percent in early trading Friday after reporting a strong quarter.

Jewelry retailer Tiffany gave up 5 percent after it reported weak sales. Hibbett Sports sank after the company’s sales forecasts missed estimates.

The S&P 500 index rose 7 points, or 0.3 percent, to 2,754.

The Dow Jones industrial average climbed 51 points, or 0.2 percent, to 24,924. The Nasdaq rose 12 points, or 0.2 percent, to 7,494.

Bond prices fell. The yield on the 10-year Treasury rose to 2.84 percent.