How the Sky High Stock Market Affects You

Courtesy: MGN, Billie Grace Ward / CC BY 2.0

Stocks are shaking off an early loss and moving slightly higher in midday trading on Wall Street.

Technology companies continue to slump Monday, but high-dividend stocks like household goods makers and real estate companies are gaining ground.

Major indexes are coming off their worst week since late March as investors worry about rising interest rates and trade tensions between the U.S. and China.

Bank of America dropped 1.8 percent after reporting disappointing  loan growth.

The S&P 500 index rose 1 point to 2,768.

The Dow Jones Industrial Average climbed 81 points, or 0.3 percent, to 25,423. The Nasdaq composite fell 23 points, or 0.3 percent, to 7,472.

Bond prices fell. The yield on the 10-year Treasury note rose to 3.16 percent

Indexes in Asia continued to fall.

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