Markets Right Now: Stocks open slightly lower on Wall Street

Markets Right Now: Stocks open slightly lower on Wall Street
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NEW YORK — The latest on developments in financial markets (all times local):

9:35 a.m.

Stocks are opening slightly lower on Wall Street, a day after the S&P 500 surpassed the record high close it set in September.

Several companies were making big moves after reporting their quarterly results Wednesday.

EBay rose 4.4% after reporting earnings that easily beat analysts’ estimates, and iRobot sank 17% after its revenue came up short of forecasts.

Anadarko Petroleum soared 11.2% after Occidental Petroleum made an offer for the company, hoping to beat a rival bid from Chevron.

The S&P 500 index slipped 1 point to 2,913.

The Dow Jones Industrial Average fell 19 points, or 0.1%, to 26,639. The Nasdaq edged up 2 points to 8,123.

Bond prices rose. The yield on the 10 year Treasury fell to 2.53%.

The Associated Press

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