US stock indexes are mostly flat in midday trade; oil slips

US stock indexes are mostly flat in midday trade; oil slips

By The Associated Press | Posted - May 11, 2015 at 10:01 a.m.


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NEW YORK (AP) — U.S. stocks indexes are inching mostly lower in midday trading as the market comes off its best day in two months.

Energy stocks fell the most Monday as oil prices moved lower.

Dean Foods jumped 5 percent after the company reported earnings that beat analysts' forecasts.

The Dow Jones industrial average fell 22 points, or 0.1 percent, to 18,168 as of 11:45 a.m. Eastern time. The Dow climbed 266 points on Friday.

The Standard & Poor's 500 index slipped a point to 2,114. The Nasdaq composite edged up seven points, or 0.1 percent, to 5,011.

The price of benchmark U.S. oil dropped 42 cents to $58.97 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.22 percent.

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