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 Information in the story may be outdated or superseded by additional information.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 barely budging in early trading as the market comes off its biggest gain in two months.
Dean Foods jumped 10 percent early Monday after the company reported earnings that beat analysts' forecasts. Actavis also rose after its results beat estimates.
The Dow Jones industrial average fell 16 points, or 0.1 percent, to 18,173 as of 9:35 a.m. Eastern time. The Dow climbed 266 points on Friday.
The Standard & Poor's 500 index was little changed at 2,116. The Nasdaq composite edged up eight points, or 0.1 percent, to 5,012.
The stock market had its biggest gain in two months Friday after the U.S. government reported an encouraging pickup in hiring.
Bond prices fell early Monday. The yield on the 10-year Treasury note rose to 2.18 percent.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.