Markets

Markets Right Now: Stocks open mixed on Wall Street

The latest on developments in financial markets (All times local):

9:35 a.m.

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.

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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.

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