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Markets Right Now: US stocks open slightly lower
NEW YORK – The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are opening slightly lower on Wall Street but are still on track for their second weekly gain in a row.
Technology and industrial companies were falling the most in early trading Friday. Micron Technology fell 2.1% and Waste Management gave up 1.2%.
Earnings reports from U.S. companies continued to flow in. Intuitive Surgical jumped 5.1% after reporting profits that easily beat analysts’ forecasts.
The S&P 500 slipped less than 1 point to 2,997.
The Dow Jones Industrial Average fell 40 points, or 0.1%, to 26,985. The Nasdaq fell 6 points, or 0.1%, to 8,147.
The yield on the 10-year Treasury held steady at 1.75%.
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