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Markets Right Now: US stocks edge lower in midday trade

Mar 02, 2017 - Associated Press

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

11:45 a.m.

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...