U.S. Stocks Open Mixed as Investors Await Remarks From Fed Vice Chair Stanley Fischer

U.S. stocks were mixed early Monday as investors await remarks from Federal Reserve vice chair Stanley Fischer, who is delivering a speech in New York on Monday afternoon.

Author:: Scott Gamm
Publish date:: Oct 17, 2016 9:51 AM EDT

U.S. stocks were mixed early Monday as investors await remarks from Federal Reserve vice chair Stanley Fischer. Fischer is set to deliver a speech in New York on Monday afternoon. Bank of America (BAC) - Get Report posted third-quarter earnings of $0.41 a share, seven cents ahead of forecasts. Revenue rose 3% year over year to $21.6 billion, eclipsing estimates of $20.8 billion. The stock rose 1.1%. Hasbro (HAS) - Get Report reported third-quarter earnings of $2.03 a share, better than the $1.74 analysts had expected. Revenue of $1.68 billion came in ahead of Wall Street's forecasts. Hasbro shares rose 4%. Constellation Brands (STZ) - Get Reportagreed to sell its its wine division in Canada to Ontario Teachers' Pension Plan for $784.5 million. The stock gained 1.5%. TheStreet's Scott Gamm reports from Wall Street.