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Markets Right Now: US stocks end mostly lower

The latest on developments in financial markets (All times local):

4:00 p.m.

Stocks are ending mostly lower on Wall Street after modest gains from the morning didn’t make it through the day.

Utilities, energy and materials companies fell the most Tuesday, while some consumer-focused stocks did well.

Chesapeake Energy gave up 2.7 percent, and Sealed Air fell 8.9 percent.

United Continental and American Airlines each rose 4.8 percent after reporting higher traffic numbers.

The Standard & Poor’s 500 index fell 2 points, or 0.1 percent, to 2,396.

The Dow Jones industrial average lost 36 points, or 0.2 percent, to 20,975. The Nasdaq composite picked up 17 points, or 0.3 percent, to 6,120, another record.

More stocks fell than rose on the New York Stock Exchange.

Bond prices didn’t move much. The yield on the 10-year Treasury note held steady at 2.39 percent.

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11:45 a.m.

U.S. stock indexes are inching further into record territory in midday trading, led by gains in consumer-focused and industrial companies.

Hotel chain Marriott International climbed 6.3 percent Tuesday after it reported better-than-expected first-quarter results and raised its annual forecasts.

United Continental rose 5 percent and American Airlines gained 4.3 percent after reporting higher traffic numbers.

The Standard & Poor’s 500 index rose 2 points, or 0.1 percent, to 2,401.

The Dow Jones industrial average added 7 points, or 0.1 percent, to 21,019. The Nasdaq composite picked up 19 points, or 0.3 percent, to 6,122.

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9:35 a.m.

Stocks are opening a bit higher after they set records in the last few days. Technology and health care companies and banks are all rising.

Apple continued to gain Tuesday as it set record highs. It gained 0.8 percent.

Hotel chain Marriott International climbed 4.7 percent after it reported better-than-expected first-quarter results and raised its annual forecasts.

Banks rose with bond yields and high-dividend payers like phone and utility companies lagged the market.

The Standard & Poor’s 500 index rose 2 points, or 0.1 percent, to 2,401.

The Dow Jones industrial average added 22 points, or 0.1 percent, to 21,034. The Nasdaq composite picked up 12 points, or 0.2 percent, to 6,115.

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