The stock market is opening lower as shares of energy companies slip.

The Dow Jones industrial average fell 69 points, or 0.4 percent, to 16,999 as of 9:33 a.m. Eastern time Thursday.

The Standard & Poor's 500 index eased seven points, also 0.4 percent, to 1,988. The Nasdaq composite slipped 14 points, or 0.3 percent, to 4,572.

Bond prices rose. The yield on the 10-year Treasury note slipped to 2.52 percent from 2.54 late Wednesday.