Markets Right Now: Indexes edge lower on Wall Street

AP News
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Posted: Dec 23, 2016 11:55 AM

NEW YORK (AP) — The latest on developments in financial markets (All times local):

11:45 a.m.

Stock indexes are edging lower in midday trading on Wall Street as trading slows down ahead of the Christmas holiday.

Retailers and technology were lower Friday, while health care stocks rose.

Cintas, which supplies companies with uniforms, fell 4 percent after reporting results that fell short of analysts' forecasts.

The Dow Jones industrial average was down 11 points, or 0.1 percent, at 19,908.

The Standard & Poor's 500 index was unchanged at 2,260. The Nasdaq composite fell a fraction to 5,447.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.54 percent.

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9:35 a.m.

Stocks are little changed in early trading on Wall Street as trading slows down ahead of the Christmas holiday.

Energy and materials companies fell shortly after the opening bell Friday, while health care and real estate stocks rose.

Cintas, which supplies companies with uniforms, fell 4 percent after reporting results that fell short of analysts' forecasts.

The Dow Jones industrial average was flat at 19,918.

The Standard & Poor's 500 index was unchanged at 2,260. The Nasdaq composite fell a fraction to 5,447.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.53 percent.