Markets Right Now: A weak start for US stocks on Wall Street

The latest on developments in financial markets (All times local):

9:35 a.m.

Stocks are off to a mixed start following a big jump the day before that sent the Dow Jones industrial average through 24,000 points for the first time.

Technology shares, an investor favourite since the beginning of the year, slipped in early trading Friday.

Qualcomm was off 1.1 per cent after Bloomberg News reported that Broadcom, a rival chipmaker, won’t make a new offer for the company until next year.

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The Standard & Poor’s 500 index fell 2 points, or 0.1 per cent, to 2,645.

The Dow Jones industrial average lost 25 points, or 0.1 per cent, to 24,248. The Nasdaq composite fell 15 points, or 0.2 per cent, to 6,858.

The Associated Press