NEW YORK – The latest on developments in financial markets (all times local):
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9:35 a.m.
Stocks are mixed in the early going as traders digest a batch of company earnings reports.
Twitter soared 26 percent early Thursday after reporting its first-ever quarterly profit.
Hanesbrands sank 8.8 percent after its results came up short of analysts’ foreacasts. The company also issued a disappointing forecast.
Roomba maker iRobot plunged 24 percent after its earnings fell far short of what investors were expecting.
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The Standard & Poor’s 500 index slipped 2 points, or 0.1 percent, to 2,679.
The Dow Jones industrial average fell 98 points, or 0.4 percent, to 24,800. The Nasdaq composite edged up 10 points, or 0.2 percent, to 7,061.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.87 percent.
