US stocks open lower after best day in a month

US stocks open lower after best day in a month


1 photo
Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

NEW YORK (AP) — The U.S. stock market is opening slightly lower following its best day in a month.

Apple fell 1 percent after the company pulled a software update for its iPhones late Wednesday after users complained that they weren't able to make calls.

The Dow Jones industrial average fell 42 points, or 0.2 percent, to 17,171 as of 9:35 a.m. Eastern time Thursday. The Dow gained 154 points the day before.

The Standard & Poor's 500 index fell five points, or 0.3 percent, to 1,993. The Nasdaq composite fell nine points, or 0.2 percent, to 4,545.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.54 percent from 2.57 percent late Wednesday.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

Most recent Business stories

Related topics

Business
The Associated Press
    KSL.com Beyond Series
    KSL.com Beyond Business

    KSL Weather Forecast

    KSL Weather Forecast
    Play button