https://apnews.com/ff41d6a582af1abd973c15075a840a24

NEW YORK (AP) — Stocks are opening mostly higher on Wall Street as traders moved money into technology companies and banks. Garmin rose 6% after reporting earnings that beat estimates. Bed Bath & Beyond rose 4.5% after the struggling retailer unveiled a turnaround plan. Overseas makets were also higher but investors continue to monitor the impact of the new coronavirus outbreak. The S&P 500 rose 13 points, or 0.4% to 3,382. The Dow Jones Industrial Average added 105 points, or 0.4%, to 29,334. The Nasdaq rose 59 points, or 0.6%, to 9,791. Bond prices fell. The yield on the 10-year Treasury rose to 1.58%.

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