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Markets Right Now: Stocks end higher on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (All times local):

4 p.m.

Stocks are ending higher on Wall Street as Wal-Mart and major airlines post solid gains.

Wal-Mart jumped 4.5 percent Tuesday after the giant retailer said it expected a 40 percent surge in online sales next year.

United Continental rose 4.7 percent and American Airlines climbed 4.8 percent after delivering strong forecasts for the third quarter.

The Standard & Poor's 500 index rose 6 points, or 0.2 percent, to 2,550.

The Dow Jones industrial average gained 69 points, or 0.3 percent, to 22,830, another record. The Nasdaq composite rose 7 points, or 0.1 percent, to 6,587.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.35 percent.

11:45 a.m.

Stocks are mostly higher in midday trading on Wall Street as Wal-Mart and major airlines post solid gains.

Wal-Mart jumped 4.4 percent Tuesday after the giant retailer said it expected a 40 percent surge in online sales next year.

United Continental rose 5.6 percent and American Airlines climbed 4.8 percent after delivering strong forecasts for the third quarter.

Energy companies were also higher as crude oil and natural gas prices rose. ConocoPhillips rose 1.3 percent.

The Standard & Poor's 500 index rose 2 points, or 0.3 percent, to 2,546.

The Dow Jones industrial average gained 27 points, or 0.1 percent, to 22,789. The Nasdaq composite fell 4 points, or 0.1 percent, to 6,575.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.

9:35 a.m.

Stocks are opening slightly higher on Wall Street, led by gains in technology and consumer products makers.

Energy companies were also higher in early trading Tuesday as crude oil and natural gas prices rose.

Wal-Mart was up 3.7 percent after the giant retailer said it expected a 40 percent surge in online sales next year.

The Standard & Poor's 500 index rose 6 points, or 0.3 percent, to 2,551.

The Dow Jones industrial average gained 49 points, or 0.2 percent, to 22,811. The Nasdaq composite climbed 23 points, or 0.3 percent, to 6,602.