NEW YORK (AP) - The latest on developments in financial markets (All times local):
Stocks are mostly lower in midday trading on Wall Street as declines in high-dividend stocks cancel out gains in materials and health care companies.
A big driver for both trends was a sharp rise in bond yields Wednesday. Bond prices fell and yields rose after a survey of private business payrolls showed employers added the most jobs in three years in February.
The higher yields
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