Markets Right Now: US stocks edge higher in midday trading
NEW YORK — The latest on developments in U.S. financial markets:
11:45 a.m.
Stocks are edging mostly higher in midday trading on Wall Street, giving the market a chance to break its longest losing streak in five years.
Media conglomerate 21st Century Fox jumped 6 percent Thursday after reporting earnings that came in well ahead of what investors were expecting.
Fitbit plunged 30 percent after releasing a weak earnings outlook.