Markets Right Now: Trade jitters send US stocks lower

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

9:35 a.m.

Stocks are opening broadly lower on Wall Street as investors keep a close eye on trade talks between the U.S. and China.

Top trade officials are meeting in Washington Thursday in hopes of reaching an agreement ahead of an early Friday deadline after which the U.S. has said it would raise its tariffs on $200 billion worth of Chinese goods.

Technology companies and banks fell the most in early trading. Intel lost 4.3% and Citigroup gave up 1.6%.

The S&P 500 index fell 22 points, or 0.8%, to 2,856.

The Dow Jones Industrial Average lost 200 points, or 0.8%, to 25,767. The Nasdaq fell 84 points, or 1.1%, to 7,857.

Bond prices rose. The yield on the 10 year Treasury fell to 2.44%.

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