Markets Right Now: Stocks open lower on Wall Street

FILE- In this Feb. 15, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m.

FILE- In this Feb. 15, 2019, file photo trader John Panin works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m.

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, threatening to end a three-day winning streak for the S&P 500 index.

Health care and internet companies fell the most in early trading Thursday.

Google's parent company, Alphabet, lost 0.8 percent and Johnson & Johnson lost 1.2 percent after disclosing that it had received federal subpoenas related to litigation over its baby powder.

Avis Budget Group jumped 11.9 percent after reporting earnings that were much better than analysts were expecting.

The S&P 500 fell 7 points, or 0.3 percent, to 2,777.

The Dow Jones Industrial Average lost 61 points, or 0.2 percent, to 25,884. The Nasdaq fell 20 points, or 0.3 percent, to 7,469.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.68 percent.