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VOL. 42 | NO. 44 | Friday, November 2, 2018

Tech stocks lead Wall Street higher

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NEW YORK (AP) — U.S. stocks are rising in midday trading on Wall Street as technology stocks recover some of the big losses they took over the last month.

Companies including CVS Health are rising Tuesday after releasing strong third quarter reports. CVS added 4.3 percent and Booking Holdings, the parent company of, rose 4.6 percent.

Rental car company Avis Budget Group sank 5.1 percent after its earnings and sales fell short of forecasts.

The S&P 500 index rose 8 points, or 0.3 percent to 2,747.

The Dow Jones Industrial Average climbed 110 points, or 0.4 percent, to 25,571. The Nasdaq composite rose 29 points, or 0.4 percent, to 7,359.

Bond prices fell. The yield on the 10-year Treasury rose to 3.21 percent.