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Markets Right Now: Industrial companies lead stock gains

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

9:35 a.m.

Stock indexes are opening mostly higher on Wall Street, recouping some of their modest losses from a day earlier.

Gains in industrial, health care, and technology companies are outweighing losses in banks and elsewhere in the market early Thursday.

United Rentals surged 7.2% and Humana rose 2.2%. Chipmaker Advanced micro devices gained 0.4%.

The Commerce Department said U.S. retail sales surged in March at the fastest pace since late 2017, driven by increased spending on autos, gasoline, furniture and clothing.

The S&P 500 index rose 3 points, or 0.1%, to 2,904.

The Dow Jones Industrial Average added 86 points, or 0.3%, to 26,536. The Nasdaq fell 2 points, or less than 0.1%, to 7,993.

Bond prices rose. The yield on the 10 year Treasury note fell to 2.56%.