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Markets Right Now: Technology stocks lead market higher

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

4:00 p.m.

Technology companies led U.S. stock indexes broadly higher on Wall Street.

Ford rose 2.1 percent Monday after replacing its CEO.

Defense contractors also made gains as the market bounced back from a turbulent week.

Consumer-focused companies also rose. Amazon climbed 1 percent.

Energy companies bucked the broadly higher trend and ended slightly lower.

The Standard & Poor’s 500 index increased 12 points, or 0.5 percent, to 2,394.

The Dow Jones industrial average gained 90 points, or 0.4 percent, to 20,894. The Nasdaq composite rose 49 points, or 0.8 percent, to 6,133.

Two stocks rose for every one that fell on the New York Stock Exchange.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.25 percent.

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11:45 a.m.

U.S. stocks are higher as the market bounces back from a turbulent week.

Defense contractors are making gains Monday and technology and consumer-focused companies are also rising.

Ford is up 1.4 percent after it replaced CEO Mark Fields.

The Standard & Poor’s 500 index increased 9 points, or 0.4 percent, to 2,391.

The Dow Jones industrial average gained 81 points, or 0.4 percent, to 20,887. The Nasdaq composite rose 39 points, or 0.6 percent, to 6,122.

Bond prices were little changed. The yield on the 10-year Treasury note remained at 2.24 percent.

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9:35 a.m.

Industrial and materials companies are leading stocks broadly higher in early trading on Wall Street.

Chemicals maker Huntsman rose 2.6 percent early Monday after agreeing to be acquired by Clariant.

Ford rose 1.5 percent after replacing its CEO.

The Standard & Poor’s 500 index increased 7 points, or 0.3 percent, to 2,390.

The Dow Jones industrial average gained 81 points, or 0.4 percent, to 20,887. The Nasdaq composite rose 26 points, or 0. percent, to 6,110.

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