Markets Right Now: Stocks open lower on Wall Street

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

9:35 a.m.

Stocks are opening slightly lower on Wall Street after the government reported that growth in the U.S. economy slowed significantly in the last three months of 2018.

Technology companies and retailers fell more than the rest of the market early Thursday.

HP plunged 16 percent after reporting weak printer and computer sales.

Booking Holdings, the parent company of Priceline, sank 9 percent and Victoria’s Secret parent company L Brands dropped 6.6 percent.

South Korean stocks fell after talks between U.S. President Donald Trump and North Korean leader Kim Jong Un ended abruptly without an agreement.

The S&P 500 index fell 3 points, or 0.1 percent, to 2,788.

The Dow Jones Industrial Average lost 13 points, or 0.1 percent, to 25,975. The Nasdaq fell 12 points, or 0.2 percent, to 7,541.

Categories: National News