NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
U.S. stocks are edging higher in early trading as the market loses momentum after a three-day rally.
Consumer-focused stocks rose more than the rest of the market early Friday. Amazon and Home Depot each rose 1 per cent and Netflix moved up 4 per cent.
The Dow Jones industrial average was up 18 points, or 0.1 per cent, to 17,946.
The Standard & Poor’s 500 index gained 3 points, or 0.2 per cent, to 2,101. The Nasdaq composite climbed 12 points, or 0.3 per cent, to 4,855.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.43 per cent.