Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — Stocks are opening modestly lower in the U.S., led by declines in energy companies and banks.
Several companies were moving on earnings news early Tuesday.
Twenty-First Century Fox slumped 5 percent after reporting revenue that fell short of analysts' estimates, and Goodyear Tire & Rubber jumped 4 percent after its earnings easily beat forecasts.
The Dow Jones industrial average gave up 75 points, or 0.5 percent, to 15,941 as of 9:35 a.m. Eastern time.
The Standard & Poor's 500 index slipped 10 points, or 0.6 percent, to 1,842. The Nasdaq composite edged down 21 points, or 0.5 percent, to 4,261.
Overseas, Japan's market slumped 5 percent.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
