US Stocks Lower in Early Trade

NEW YORK (AP) --- Stocks are edging lower in early trading as investors look over some uneven company earnings reports.

NetApp sank 9 percent early Thursday, the most in the Standard & Poor's 500 index, after reporting disappointing results. Dollar Tree fell 1 percent after reporting results that came in below analysts' expectations.

The Dow Jones industrial average slipped 17 points, or 0.1 percent, to 18,269 as of 9:35 a.m. Eastern time.

The S&P 500 index fell a fraction to 2,125. The Nasdaq composite lost a point to 5,069.

Energy stocks rose as the price of oil climbed. U.S. benchmark crude was up $1.04 to $60.02 a barrel in New York.

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

(KA)

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