NEW YORK (AP) — The latest on developments in financial markets (all times local):
9:45 a.m.
Stocks are opening broadly lower as traders turn cautious about prospects for a full U.S.-China trade deal following last week's truce.
Banks and industrial stocks fell the most in early trading on Wall Street Monday.
Bank of New York Mellon fell 1.4% and General Electric lost 1.5%.
Safe-play sectors including utilities and real estate held up better than the rest of the market.
The U.S. agreed to hold off on more tariffs this week, but the two sides have yet to strike a broad deal.
The S&P 500 fell 3 points, or 0.1%, to 2,966.
The Dow Jones Industrial Average fell 23 points, or 0.1%, to 26790. The Nasdaq fell 10 points, or 0.1%, to 8,045.
Bond markets are closed for the Columbus Day holiday.
Before you consider General Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and General Electric wasn't on the list.
While General Electric currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
