NEW YORK — 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 technology and communications companies.
Analog Devices, a chipmaker, fell 2.4% in the first few minutes of trading Wednesday. AT&T lost 1.4%.
Several retailers were making big moves after reporting their latest quarterly results.
Urban Outfitters plunged 15% after reporting earnings and sales that missed estimates. Target jumped 9% after its results easily beat forecasts.
The S&P 500 fell 4 points, or 0.1%, to 3,116.
The Dow Jones Industrial Average fell 50 points, or 0.2%, to 27,873. The Nasdaq fell 22 points, or 0.3%, to 8,548.
Bond prices rose. The yield on the 10-year Treasury fell to 1.76%.
The Associated Press
