The latest on developments in financial markets (All times local):
Stocks are little changed in early trading on Wall Street as investors look over a mixed batch of earnings reports from U.S. companies.
Avon plunged 10 percent early Thursday after reporting a surprise loss in its latest quarter. Avon also said its CEO will leave in March as the company tries to turn its fortunes around.
Electric car maker Tesla jumped 7 percent after the company assured investors it can meet aggressive production targets for its new lower-cost Model 3 sedan.
The Standard & Poor’s 500 index slipped 3 points, or 0.1 percent, to 2,473.
Continue Reading Below
The Dow Jones industrial average edged down 10 points, less than 0.1 percent, to 22,003. The Dow closed above 22,000 points for the first time a day earlier.
The Nasdaq was little changed at 6,360.