Major U.S. stock indexes are turning higher in the late afternoon as the market shuffles between gains and losses. Johnson & Johnson and Coca-Cola rose after reporting encouraging quarterly results, but homebuilders fell following a survey showing weak sentiment among builders. Apple and Netflix also fell.
KEEPING SCORE: The Standard & Poor’s 500 index was up 12 points, or 0.7 percent, to 1,843 as of 3:50 p.m. Eastern Time. The Dow Jones industrial average rose 87 points, or 0.5 percent, to 16,260. The Nasdaq rose 14 points, or 0.4 percent, to 4,004.
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