Nintendo to develop Zelda app

The markets extended its gains during the midday with the Dow soaring 92 points to 20,989. Nasdaq climbed 27 points to 6,148.


Nintendo will be developing a Legend of Zelda game for smartphones. Originally reluctant to create games for devices, Nintendo ignored the mobile market until last year when it released the social networking app Miitomo. Nintendo's first mobile game, Super Mario Run, was released in December 2016 on iOS and March 2017 for Android.


Alphabet's driverless car unit Waymo entered a collaboration agreement with Lyft to bring autonomous vehicles to consumers. Neither Lyft nor Waymo provided details of the deal but expectations are for Lyft to test self-driving cars that use Waymo's technology. The two companies may also jointly develop products for autonomous cars.


Wells Fargo has been sued by Philadelphia for engaging in predatory lending practices. The city claims that Wells Fargo has been providing minority borrowers with more expensive and riskier loans than white customers even when they qualified for loans with lower costs. Philadelphia also alleges that Wells Fargo has a long history of "red-lining."


The broader S&P 500 climbed 11 points to 2,402. Bitcoin tumbled $67 to $1673.


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