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OPENING BELL: Stocks down slightly in early trading

Indexes are edging lower in early trading on Wall Street as banks, industrial companies and energy stocks head lower.

Wells Fargo lost 0.5 percent in the first few minutes of trading Friday and Exxon Mobil fell 0.7 percent.

The Nasdaq composite closed at an all-time high a day earlier.

The Standard & Poor's 500 index fell 4 points, or 0.2 percent, to 2,363.

The Dow Jones industrial average lost 35 points, or 0.2 percent, to 20,692. The Nasdaq composite gave back 12 points, or 0.2 percent, to 5,902.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.40 percent.

This Oct. 18, 2016, file photo shows the New York Stock Exchange building in New York. European stock markets traded in narrow ranges Friday, March 31, 2017, though trading has the potential to become quite volatile in the hours before the first quarter of the year ends.. THE ASSOCIATED PRESS