Markets Right Now: Stocks end mostly lower on Wall Street

By The Associated Press Markets Associated Press

The latest on developments in financial markets (All times local):

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4:00 p.m.

Stocks are ending mostly lower as declines in banks and industrial stocks outweigh gains in other sectors.

General Electric dropped 2.1 percent Friday, while Wells Fargo lost 1.3 percent.

Nordstrom became the latest department store operator to turn in disappointing results. The company's stock plunged 10.9 percent.

The Standard & Poor's 500 index fell 3 points, or 0.2 percent, to 2,390.

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The Dow Jones industrial average lost 23 points, or 0.1 percent, to 20,896. The Nasdaq composite edged up 5 points, or 0.1 percent, to 6,121.

Small-company stocks fell more than the rest of the market. The Russell 2000 index dropped 7 points, or 0.5 percent, to 1,382.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.

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11:45 a.m.

Stocks are mostly lower in midday trading on Wall Street as banks and industrial companies fall.

General Electric dropped 2.5 percent Friday, while Wells Fargo lost 1.8 percent.

Nordstrom became the latest department store operator to turn in disappointing results. The company's stock plunged 9 percent.

The Standard & Poor's 500 index fell 3 points, or 0.1 percent, to 2,391.

The Dow Jones industrial average lost 16 points, or 0.1 percent, to 20,903. The Nasdaq composite was little changed at 6,118.

Small-company stocks fell more than the rest of the market. The Russell 2000 index dropped 5 points, or 0.4 percent, to 1,384.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.

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9:35 a.m.

Stocks are opening lower on Wall Street, led by declines in industrial companies and banks.

General Electric fell 1.7 percent in early trading Friday, while Wells Fargo lost 1.3 percent.

Nordstrom became the latest department store operator to turn in disappointing results. The company's stock plunged 10 percent.

The Standard & Poor's 500 index fell 4 points, or 0.2 percent, to 2,389.

The Dow Jones industrial average lost 39 points, or 0.2 percent, to 20,879. The Nasdaq composite gave up 3 points, or 0.1 percent, to 6,112.

Small-company stocks fell more than the rest of the market. The Russell 2000 index dropped 9 points, or 0.7 percent, to 1,390.