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Markets Right Now: Stock indexes waver on Wall Street

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

11:45 a.m.

U.S. stock indexes are hardly budging as banks and technology companies give back some of their gains from earlier in the week while retailers and energy companies trade higher.

Apple fell 1.4 percent Wednesday, a day after unveiling its new lineup of iPhones.

Target led retailers higher with a 2.8 percent gain after saying it would hire far more workers for the holiday season this year.

The Standard & Poor’s 500 index fell 1 point to 2,495.

The Dow Jones industrial average was little changed at 22,120. The Nasdaq composite fell 8 points, or 0.1 percent, to 6,446.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.18 percent.

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9:35 a.m.

Stocks are little changed in early trading on Wall Street, a day after the market set its latest record high.

Technology companies and banks fell more than the rest of the market early Wednesday.

Apple fell 1.1 percent in the first few minutes of trading, a day after announcing its latest lineup of iPhones. Northern Trust fell 2.9 percent.

The Standard & Poor’s 500 index fell 2 points, or 0.1 percent, to 2,494.

The Dow Jones industrial average was little changed at 22,118. The Nasdaq composite fell 13 points, or 0.2 percent, to 6,440.

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