U.S. stocks opened lower Monday, tracking tumbling oil prices after a weekend meeting of major oil producers in Doha, Qatar, failed to reach an agreement on a production freeze. Losses were somewhat contained thanks to better-than-expected earnings reports from companies such as Morgan Stanley and Hasbro . The S&P 500 was off by 5 points, or 0.2% at 2,075. The Dow Jones Industrial Average opened down 31 points, or 0.2%, at 17,864. Meanwhile, the Nasdaq Composite was off by 23 points, or 0.5%, at 4,916 at the open.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News