NEW YORK (AP) — Stocks are holding relatively steady in the early going on Wall Street as more U.S. companies turn in their latest quarterly reports. The S&P 500 was little changed in the first few minutes of trading Wednesday. The Dow Jones Industrial Average rose 73 points, or 0.2%, and the Nasdaq composite slipped 0.1%. Taser maker Axon Enterprise lost about one-fifth of its value after forecasting weaker profits than analysts were expecting. McDonald’s rose 2.5% after reporting that its sales benefited from the return of its popular Snack Wraps in the third quarter. European markets were mostly lower and Asian markets closed mostly lower.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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