NEW YORK (AP) — The latest on developments in financial markets (All times local):
9:35 a.m.
Stocks are opening moderately higher on Wall Street, keeping major indexes at record high levels
Health care and technology stocks rose more than the rest of the market in early trading Friday. Pfizer and Apple each rose 1 percent.
Coca-Cola rose 1.6 percent, the most in the Dow Jones industrial average, after saying its CEO Muhtar Kent would step down next year and be replaced by James Quincey, the company's chief operating officer.
Broadcom, a chipmaker, jumped 5 percent after reporting better earnings and doubling its dividend.
The Dow rose 18 points, or 0.1 percent, to 19,632. The Standard & Poor's 500 index climbed 4 points, or 0.2 percent, to 2,250. The Nasdaq composite gained 24points, or 0.5 percent, to 5,440.