ECONOMY

US stocks slip in early trading as more people seek US unemployment benefits

FILE - This July 15, 2013 file photo shows the New York Stock Exchange in New York. Worries over the timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets Wednesday, Sept. 10, 2014. (AP Photo/Mark Lennihan, File)

FILE - This July 15, 2013 file photo shows the New York Stock Exchange in New York. Worries over the timing of a U.S. rate hike, economic weakness in China and an impending referendum on Scottish independence kept a lid on global stock markets Wednesday, Sept. 10, 2014. (AP Photo/Mark Lennihan, File)  (The Associated Press)

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.