Stocks mostly fall in early trading as price of oil slips

AP News
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Posted: Dec 02, 2015 9:41 AM
Stocks mostly fall in early trading as price of oil slips

NEW YORK (AP) — Stocks are opening mostly lower, led by declines in energy stocks as the price of oil fell.

Exxon Mobil was down in early trading Wednesday.

Technology stocks were bucking the downward trend. Yahoo's stock was sharply higher following reports that the company was thinking of selling its Internet businesses.

The Dow Jones industrial average slipped 10 points, less than 0.1 percent, to 17,882.

The Standard & Poor's 500 index fell a point to 2,101. The Nasdaq composite gained seven points, or 0.1 percent, to 5,163.

The price of oil fell 2 percent to $41 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.17 percent.