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 Information in the story may be outdated or superseded by additional information.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 slightly lower in the U.S. as energy companies slide along with the price of crude oil.
Noble Energy slumped 2 percent in early trading Monday. The company reported revenue that was well below what analysts were forecasting.
The Dow Jones industrial average lost 13 points, or 0.1 percent, to 17,672 as of 9:35 a.m. Eastern time.
The Standard & Poor's 500 index fell a point to 2,102.
The Nasdaq composite edged up seven points, or 0.1 percent, to 5,135.
Oil prices fell again, bringing the price of U.S. crude down to its lowest level since March.
Bond prices didn't move much. The yield on the 10-year Treasury note held steady at 2.19 percent.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.