Stocks are off to a weak start on Wall Street, yields fall
NEW YORK (AP) — Stocks are opening lower on Wall Street as investors found little to like in the latest developments on the coronavirus outbreak and the impact it’s having on the economy. The S&P 500 fell 0.4% in early trading Thursday. Europe was dealing with several spikes in infections as the continent’s lockdown restrictions eased, and in the U.S. the government reported that 1.5 million laid-off workers applied for unemployment benefits last week. That was more than forecast but still marked the 11th straight weekly decline since they peaked in March. Bond yields fell. European markets were also lower and Asian markets ended mixed.
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