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Markets Right Now: Stocks open mostly lower on Wall Street

Jan 6, 2017 | 7:45 AM

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

9:35 a.m.

Stocks are opening mostly lower on Wall Street, led by declines in high-dividend stocks like phone companies and utilities.

Bond prices fell, sending yields higher, after the government reported Friday that employers added jobs at a steady pace last month and the unemployment rate ticked up because more people were looking for work.