Energy sector leads an early decline among US stocks

AP News
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Posted: Jun 08, 2015 9:43 AM

NEW YORK (AP) — U.S. stocks are mostly lower in early trading, led by declines in the energy sectors as the price of oil fell again.

European stocks were lower Monday following several days of tense rhetoric between Greece and its creditors.

The Dow Jones industrial average was down 15 points, or 0.1 percent, to 17,831 as of 9:35 a.m. Eastern time.

The Standard & Poor's 500 lost two points, or 0.1 percent, to 2,090. The Nasdaq composite declined four points, or 0.1 percent, to 5,064.

Among Dow stocks, Chevron fell 0.8 percent.

Deutsche Bank jumped 6 percent after the bank's co-CEOs said they would leave early. Casino operator Wynn Resorts lost 4 percent, the most in the S&P 500.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.37 percent.