The latest on developments in financial markets (All times local):
9:35 a.m.
Stocks are opening slightly lower on Wall Street as the market pulls back after a big gain the day before.
Technology stocks, which rose sharply a day earlier and still lead the market overall this year, fell the most. Banks were also lower.
Williams-Sonoma dropped 12 percent after issuing a weak forecast.
Other retailers were faring better. Foot Locker soared 26 percent after reporting results that were far better than analysts were expecting.
The Standard & Poor’s 500 index fell 2 points, or 0.1 percent, to 2,582.
The Dow Jones industrial average gave up 69 points, or 0.3 percent, to 23,388. The Nasdaq composite was little changed at 6,794. The Nasdaq closed at a record high a day earlier.
