The latest on developments in financial markets (All times local):
11:45 a.m.
U.S. stocks gave up an early gain and were slightly lower in midday trading as health care stocks slid.
Biotechnology drugmaker Biogen gave up 5 per cent Thursday after two analysts downgraded their ratings on the company. Amgen lost 2.5 per cent.
Elsewhere, technology companies were up, paced by a 7 per cent jump in business software company Oracle, which reported better earnings and revenue than analysts expected.
High-end coat maker Canada Goose jumped 25 per cent on its first day of trading in the U.S.
The Standard & Poor's 500 index slipped 4 points, or 0.2 per cent, to 2,380.
The Dow Jones industrial average fell 30 points, or 0.2 per cent, to 20,919. The Nasdaq fell 3 points, or 0.1 per cent, to 5,896.
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9:35 a.m.
Stocks are opening modestly higher on Wall Street with the biggest gains going to banks and technology companies.
Oracle jumped 8 per cent early Thursday after reporting better earnings and revenue than analysts expected as its cloud computing business put up solid gains.
Wearable camera maker GoPro soared 11 per cent after sticking by its sales forecast and saying it will cut more jobs.
The Standard & Poor's 500 index rose 1 point to 2,386.
The Dow Jones industrial average gained 30 points, or 0.2 per cent, to 20,979. The Nasdaq rose 5 points, or 0.1 per cent, to 5,905.
Three stocks rose for every two that fell on the New York Stock Exchange.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.