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Markets Right Now: Stocks open lower on Wall Street
NEW YORK – The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are opening slightly lower on Wall Street as the market gives back some of its gains from the week before.
Health care and industrial companies were posting some of the biggest declines in early trading Monday. Drugmaker Celgene fell 1.1 per cent and Boeing lost 1.2 per cent.
Newell Brands sank 3.8 per cent after the company said the liquidation of Toys R Us hurt its baby products business.
The S&P 500 index fell 2 points, or 0.1 per cent, to 2,837.
The Dow Jones Industrial Average fell 64 points, or 0.2 per cent, to 25,397. The Nasdaq composite was little changed at 7,810.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.94 per cent.
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