Markets Right Now: A weak open for US stocks


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

9:35 a.m.

Stocks are getting off to a weak start on Wall Street, led by declines in technology companies and banks.

Goldman Sachs and Bank of America both fell early Tuesday after reporting weak trading revenue.

Harley-Davidson slumped 10 percent after issuing a weak forecast. Netflix soared 9 percent after reporting big gains in subscribers.

The dollar fell to its lowest level in nearly a year.

The Standard & Poor’s 500 index fell 5 points, or 0.2 percent, to 2,453.

The Dow Jones industrial average slipped 59 points, or 0.3 percent, to 21,569. The Nasdaq composite lost 17 points, or 0.3 percent, to 6,296.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.27 percent.