Markets Right Now: Stocks head lower again on Wall Street

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

9:35 a.m.

Stocks are opening lower on Wall Street, putting the market on track for its fourth loss in a row and its first losing week since January.

Banks and technology companies had some of the biggest losses in early trading Thursday.

Kroger slumped 12 percent after the supermarket operator reported earnings that fell short of Wall Street’s forecasts.

European markets narrowed their losses after the European Central Bank pushed back the earliest date of interest rate increases and announced more cheap loans for banks.

The S&P 500 slipped 7 points, or 0.3 percent, to 2,764.

The Dow Jones Industrial Average fell 58 points, or 0.2 percent, to 25,600. The Nasdaq lost 29 points, or 0.4 percent, to 7,476.

Bond prices rose. The yield on the 10-year Treasury fell to 2.66 percent.