Markets Right Now: Stocks open lower on Wall Street

Associated Press |

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

Stocks are opening slightly lower on Wall Street, a day after setting their latest record highs.

AT&T sank 3 percent in early trading Thursday after saying it was losing DirecTV subscribers. Cable TV operator Comcast also fell 2.3 percent.



Banks were broadly higher after JPMorgan Chase and Citigroup both reported higher earnings than analysts were expecting.

The Standard & Poor's 500 index fell 4 points, or 0.2 percent, to 2,550.

The Dow Jones industrial average lost 36 points, or 0.2 percent, 22,836. The Nasdaq composite fell 8 points, or 0.1 percent, to 6,595.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Taranis Resources Inc.

Taranis Resources Inc is an exploration stage company. The Company along with its subsidiaries is engaged in the acquisition and exploration of mineral properties. Its projects include Thor Property in…

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…