Markets Right Now: Stocks edge lower in early trading | KOB 4

Markets Right Now: Stocks edge lower in early trading

Updated: November 08, 2019 08:01 AM
Created: November 08, 2019 07:44 AM

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

9:35 a.m.


Stocks are pulling back slightly in early trading on Wall Street as traders wait for more clarity on where things stand with trade talks between the U.S. and China.

Major indexes were edging just below the record highs they set a day earlier.

Energy companies and banks were falling more than the rest of the market in early trading Friday. ConocoPhillips fell 2.1% and Principal Financial lost 1.1%.

Gap sank 5.2% after naming a new CEO, and Disney jumped 4.8% after reporting results that beat analysts' forecasts.

The S&P 500 fell 5 points, or 0.1%, to 3,081.

The Dow Jones Industrial Average lost 14 points, or 0.1%, to 27,660. The Nasdaq slipped 5 points, or 0.1%, to 8,429.

Bond prices fell. The yield on the 10-year Treasury rose to 1.93%.

(Copyright 2019 by The Associated Press. All Rights Reserved.)

Comment on Facebook



District court judge orders BCSO to comply with public records request

Charges dropped against teacher assistant accused of molesting students

Foster families struggle to get reimbursed by CYFD

Lawmakers start preliminary talks with NM United officials about new stadium

Business owners desperate to identify arsonists