U.S. stocks open lower, on track to post weekly losses


U.S. stocks opened modestly lower on Friday, with the main indexes on track to end the week with losses for the first time in nine weeks. The recent bout of selling on Wall Street comes as investors fret about a possible delay in much-anticipated corporate tax cuts. The S&P 500

SPX, -0.09%

opened 6 points, or 0.2%, lower at 2,580. The Dow Jones Industrial Average

DJIA, -0.17%

was down 17 points, or 0.1%, to 23,444. The tech-heavy Nasdaq Composite index

COMP, +0.01%

fell 11 points, or 0.2%, to 6,739. Among the best performers on Wall Street, shares of NVIDIA Corp

NVDA, +5.27%

rallied after the company beat earnings estimates.