Stocks edge lower in early trading on Wall Street
Posted February 05, 2016 6:00 am
NEW YORK (AP) - The stock market opened slightly lower after the government reported only modest job growth last month.
The Dow Jones industrial average edged down 54 points, or 0.3 percent, to 16,359 as of 9:35 a.m. Eastern time.
The Standard & Poor's 500 index lost 12 points, or 0.7 percent, to 1,902. The Nasdaq composite gave up 36 points, or 0.8 percent, to 4,472.
Several stocks were moving on earnings news.
LinkedIn plunged 34 percent after the social media company released a weak forecast for 2016.
Tyson Foods soared 10 percent after its earnings came in well ahead of analysts' estimates.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.87 percent.
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