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

Associated Press
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)

NEW YORK – 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.