NEW YORK (AP) — The latest on developments in financial markets (All times local):
Stocks are opening modestly higher on Wall Street, led by gains in technology companies and banks.
Apple climbed 1.2 percent in early trading, and State Street gained 1 percent.
Elsewhere, some companies were making sharp moves after reporting their latest quarterly results.
Snap, the parent company of disappearing-message app Snapchat plunged 12.5 percent after reporting weak user growth and a wider loss than analysts were expecting.
The Standard & Poor's 500 index rose 2 points, or 0.1 percent, to 2,440. The index is coming off its biggest drop since mid-May.
The Dow Jones industrial average rose 25 points, or 0.1 percent, to 21,866. The Nasdaq rose 8 points, or 0.1 percent, to 6,224.