Markets Right Now: US stocks open slightly lower


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 as a record-setting drive for the market loses steam.

Banks and consumer-focused stocks fell the most in early trading Monday. Toy maker Hasbro fell 2 percent.

The Dow Jones industrial average fell 37 points, or 0.2 percent, to 19,115. The Standard & Poor’s 500 index lost 3 points, or 0.2 percent, to 2,209. The Nasdaq composite went down 12 points, or 0.2 percent, to 5,386.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.34 percent.

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