Markets Right Now: Stocks open lower on trade war anxiety
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are opening slightly lower Wednesday as investors watch for developments in the trade dispute between the U.S. and China.
A day after steep losses on Wall Street, the opening declines were modest. Health care companies and makers of household goods fell the most.
TripAdvisor shares dropped 8.3% after the vacation ratings company reported flat first quarter revenue.
Electronic Arts shares jumped 6% after the video game maker's fourth quarter profit and revenue topped Wall Street estimates.
The S&P 500 fell 9 points, or 0.3%, to 2,875.
The Dow Jones Industrial Average lost 53 points, or 0.2%, to 25,911. The Nasdaq fell 27 points, or 0.4%, to 7,935.
Bond prices were little changed. The yield on the 10 year Treasury held steady at 2.44%.