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US stocks open modestly lower, led by energy sector

from The Associated Press via Chicago Tribune

U.S. stocks are opening modestly lower, led by another decline in energy shares as the price of oil slips. After two weeks of heavy turbulence, the market is on the verge of closing out its worst month in more than three years. The Dow Jones industrial average gave up 103 points, or 0.6 percent, to 16,528 as of 9:35 a.m. ET Monday. The Standard & Poor's 500 index fell 10 points, or 0.6 percent, to 1,977. The Nasdaq composite declined 16 points, or 0.3 percent, to 4,812. more

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