Markets Right Now: US stocks edge back from record highs

The latest on developments in financial markets (All times local):

9:35 a.m.

Declines in energy and industrial stocks are leading U.S. indexes slightly lower in early trading as the market comes off a record closing high the day before.

Energy companies fell early Wednesday along with the price of crude oil. Newfield Exploration sank 9 percent.

Newmont Mining dropped 2 percent after reporting earnings that were weaker than Wall Street analysts were expecting.

The Standard & Poor's 500 index fell 7 points, or 0.3 percent, to 2,358.

The Dow Jones industrial average gave back 46 points, or 0.2 percent, to 20,697. The Nasdaq composite declined 13 points, or 0.2 percent, to 5,852.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.40 percent.



Add Comment

all comments

  Other news

more
Lauren Goodger's pals BLAST rumours the former The Only Way Is Essex star has split from jailbird love Joey Morrison

Lauren Goodger's pals BLAST rumours the former The Only Way Is Essex star has split from..

26-Jul, 14:00

Sources close to TOWIE star Lauren Goodger have denied her relationship...

Lyft gains on Uber while taxis tank: survey

Lyft gains on Uber while taxis tank: survey..

27-Jul, 04:02

Uber and Lyft both stole ridership from car rentals and taxis, according...

1 killed, 7 injured after Ohio State Fair ride malfunctions (GRAPHIC VIDEO)

1 killed, 7 injured after Ohio State Fair ride malfunctions (GRAPHIC VIDEO)..

27-Jul, 01:10

An 18-year-old man has died and at least seven other people aged 13 to 41...

Trump lauds potential 13k new jobs in Wisconsin Foxconn factory, but robots may land all the gigs

Trump lauds potential 13k new jobs in Wisconsin Foxconn factory, but robots may land all the..

27-Jul, 01:10

President Donald Trump has announced that electronics giant Foxconn is...

Colorado Boy Safe After Flying Saucer Scare

Colorado Boy Safe After Flying Saucer Scare..

05-Mar, 00:14

The father of a 6-year-old boy whose disappearance held the country in...

Witnesses describe horror at scene of London mosque attack

Witnesses describe horror at scene of London mosque attack..

19-Jun, 04:02

Witnesses at the scene of a suspected deadly terrorist attack outside a...

Apple, PerkinElmer rise; EQT, Seattle Genetics fall

Apple, PerkinElmer rise; EQT, Seattle Genetics fall..

19-Jun, 18:00

Stocks that moved substantially or traded heavily Monday: PerkinElmer...

Democrats seek suspension of Jared Kushner's security clearance, pending Russia probe

Democrats seek suspension of Jared Kushner's security clearance, pending Russia probe..

21-Jun, 22:38

House Democrats are raising concerns about the security clearance held by...