Markets Right Now: US stocks edge lower in midday trade
NEW YORK (AP) - The latest on developments in financial markets (All times local):
Banks and other financial companies are leading a modest decline on the stock market a day after indexes soared to their latest record highs.
Citizens Financial slumped 2.5 percent Thursday.
Banks had soared a day earlier as investors hoped that higher interest rates would help them earn more from lending.
Energy companies also fell along with the price of crude. Devon Ener...