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

4:00 p.m.

Major U.S. stock indexes are closing slightly lower, led by declines in health care companies and makers of consumer goods.

Small-company stocks are at record highs Friday and still rising.

Retailers Gap and Abercrombie & Fitch plunged after delivering weak quarterly reports, while discount retailer Ross Stores climbed.

The Dow Jones industrial average fell 35 points, or 0.2 percent, to 18,867.

The Standard & Poor's 500 index lost 5 points, or 0.2 percent, to 2,181. The Nasdaq composite slipped 12 points, or 0.2 percent, to 5,321.

Bond yields rose as investors sold off U.S. government debt. The yield on the 10-year Treasury note rose to 2.34 percent, its highest level in a year.

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11:45 a.m.

Stocks are edging lower in midday trading on Wall Street as a post-election surge loses momentum.

Health care and technology companies are taking some of the largest losses Friday.

Retailers Gap and Abercrombie & Fitch are dropping after they gave weak quarterly reports, while discount retailer Ross Stores is climbing.

The Dow Jones industrial average fell 34 points, or 0.2 percent, to 18,869.

The Standard & Poor's 500 index lost 5 points, or 0.2 percent, to 2,181. The Nasdaq composite slipped 12 points, or 0.2 percent, to 5,321.

Bond yields continued to rise as investors sold off U.S. government debt. The yield on the 10-year Treasury note rose to 2.33 percent, its highest level in a year.

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9:35 a.m.

Stocks are opening slightly lower on Wall Street as investors look over a mixed bag of earnings from retailers.

Gap plunged 10 percent early Friday after the clothing store chain said its earnings dropped almost 18 percent in the latest quarter. Gap said it was seeing less foot traffic in its stores heading into the holiday shopping season.

Abercrombie & Fitch sank 11 percent after reporting that a key sales measure fell for the third straight quarter.

Ross Stores jumped 4 percent after reporting earnings and revenue that came in ahead of analysts' forecasts.

The Dow Jones industrial average slipped 19 points, or 0.1 percent, to 18,884.

The Standard & Poor's 500 index lost a point to 2,186. The Nasdaq composite was little changed at 5,341.