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Markets Right Now: US stocks open slightly lower

Markets Right Now: US stocks open slightly lower

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

9:35 a.m.

Stocks are opening slightly lower on Wall Street, led by declines in retailers and health care companies.

Bed Bath & Beyond fell 5 percent in early trading Thursday. Johnson & Johnson was down 1 percent.

Software company Red Hat sank 12 percent after releasing a weak forecast and announcing the departure of its chief financial officer.

The Dow Jones industrial average slipped 27 points, or 0.2 percent, to 19,914.

The Standard & Poor's 500 index lost 5 points, or 0.3 percent, at 2,259. The Nasdaq composite fell 16 points, or 0.3 percent, to 5,455.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.56 percent.


Updated : 2021-06-17 06:32 GMT+08:00