Stocks start mostly higher on Wall Street, but tech lags

Stocks are off to a mostly higher start on Wall Street as traders gear up for economic reports and company earnings to resume after the year-end holidays

TOKYO -- Stocks are off to a mostly higher start on Wall Street as traders gear up for economic reports and company earnings to resume after the year-end holidays. The S&P 500 was up 0.4% in the early going Tuesday. Weakness in some big technology companies held the Nasdaq to a gain of less than 0.1%. Bond yields continued to climb. The yield on the 10-year Treasury note rose to 1.67% from 1.63% a day earlier. European markets were also higher and Asian markets closed mixed overnight. Walgreens, Constellation Brands and Conagra report their latest quarterly earnings on Thursday.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

TOKYO (AP) — Global shares were mostly higher Tuesday despite worries about rising numbers of coronavirus cases.

France's CAC 40 added 0.7% in early trading to 7,266.59, while Germany's DAX edged up 0.3% to 16,064.91. Britain's FTSE 100 gained 1.2% to 7,475.46. The future contract for the Dow industrials was 0.2% higher and the contract for the S&P 500 also gained 0.2%.