Stocks open lower on Wall Street; Twitter sinks after hack
NEW YORK (AP) — Stocks are opening broadly lower on Wall Street Thursday, extending weakness in overseas markets. The S&P 500 index gave up 0.6% in the early going, led by losses in technology companies. Twitter sank after a breach in its security allowed hackers to break into the accounts of technology moguls, politicians and other major figures. Bank of America also fell after reporting that its profits were chopped in half in the latest quarter as the bank set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic. Treasury yields fell after climing the day before.
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