Markets Right Now Stocks open lower on Wall Street

October 7, 2019

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NEW YORK — The latest on developments in financial markets (all times local):9:45 a.m.Stocks are off to a mostly lower start on Wall Street as investors wait for more news on trade and company earnings.The sluggish start Thursday came a day after the market posted solid gains after President Donald Trump suggested a trade deal with China could be happening soon.Carnival sank 8.2% after the cruise operator cut its profit outlook for the year, and Facebook lost 1.7% after Bloomberg reported that the Justice Department intends to open its own investigation into the company.The S&P 500 fell 7 points, or 0.2%, to 2,977.The Dow Jones industrials fell 24 points, or 0.1%, to 26,942. The Nasdaq dropped 38 points, or 0.5%, to 8,037.Bond prices rose. The yield on the 10-year Treasury fell to 1.68%.The Associated Press read more