Markets Right Now: US stocks open modestly lower

NEW YORK (AP) — The latest on developments in financial markets (all times local):
9:35 a.m.
Stocks are opening modestly lower on Wall Street as the market gives back some of its big gains from the day before.
Technology companies had some of the biggest losses early Thursday. Chipmaker Qualcomm sank 7.8 percent after giving a weak sales forecast.
Drugmaker Perrigo also fell 11.3 percent after predicting weak sales.
Monster Beverage plunged 9.6 percent after the company said Coca-Cola has