ECONOMY

US stocks open lower as oil rebound cools; Ralph Lauren, Staples are among early decliners

FILE - This Thursday, Oct. 2, 2014, file photo, shows the facade of the New York Stock Exchange. Stock markets turned lower on Wednesday, Feb. 4, 2015, despite upbeat economic data in Europe, while the price of oil's four-day rebound ran out of steam. (AP Photo/Richard Drew, File)

FILE - This Thursday, Oct. 2, 2014, file photo, shows the facade of the New York Stock Exchange. Stock markets turned lower on Wednesday, Feb. 4, 2015, despite upbeat economic data in Europe, while the price of oil's four-day rebound ran out of steam. (AP Photo/Richard Drew, File)  (The Associated Press)

U.S. stocks indexes are opening slightly lower as a rebound in the price of oil cools off.

Energy stocks were among the early decliners Wednesday as the price of oil fell nearly 5 percent. Health care stocks also fell.

The Dow Jones industrial average was off eight points, or less than 0.1 percent, to 17,664 as of 9:35 a.m. Eastern time.

The broader Standard & Poor's 500 index fell seven points, or 0.3 percent, to 2,042. The Nasdaq composite fell 23 points, or 0.5 percent, to 4,705.

Disney soared 6 percent after reporting a surge in earnings at its media networks and parks businesses.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.82 percent.