NEW YORK (AP) — The latest on developments in global financial markets (all times local):

4:00 p.m.

U.S. stock indexes overcame an early wobble and ended slightly higher, giving the Standard & Poor's 500 index its highest close of the year.

Health care companies led the rebound Thursday. Energy stocks lagged the rest of the market after a meeting of OPEC ministers failed to results in an agreement to curtail output.

Johnson & Johnson rose about 2 percent on news the company has agreed to buy privately held hair care products maker Vogue International.

The Dow Jones industrial average rose 48 points, or 0.3 percent, to 17,838. The Standard and Poor's 500 index rose 5 points, or 0.3 percent, to 2,105. The Nasdaq composite gained 19 points, or 0.4 percent, 4,971.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.80 percent.

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11:45 a.m.

U.S. stock indexes are mostly lower in midday trading after paring much of an early loss.

Energy companies were down Thursday after a meeting of OPEC ministers ended without an agreement on crude production cuts. Utilities also fell.

Retailer Conn's sank 23 percent after reporting results that fell short of analysts' estimates.

The Dow Jones industrial average fell 5 points, or 0.03 percent, to 17,784. The Standard and Poor's 500 index lost 2 points, or 0.1 percent, to 2,097. The Nasdaq composite gave up 1 points to 4,950.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.81 percent.

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9:35 a.m.

U.S. stock indexes are broadly lower in early trading on Wall Street, led by declines in energy companies as the price of oil sank.

Benchmark U.S. crude dropped 1 percent to $48 a barrel Thursday following reports that OPEC was unable to agree on production cuts.

Exxon Mobil fell 1.5 percent, the biggest loss in the Dow Jones industrial average.

Retailer Conn's sank 23 percent after reporting results that fell short of analysts' estimates.

The Dow fell 60 points, or 0.3 percent, to 17,731. The Standard and Poor's 500 index lost 6 points, or 0.3 percent, to 2,092. The Nasdaq composite gave up 13 points, or 0.3 percent, to 4,938.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.82 percent.