NEW YORK — Stocks are opening lower on Wall Street after the government reported only modest job growth last month.
Energy stocks fell more than the rest of the market after Chevron became the latest big energy company to report lower profits.
The Dow Jones industrial average fell 58 points, or 0.4 percent, to 15,569 in early trading Friday.
The Standard & Poor's 500 index fell four points, or 0.3 percent, to 1,702. The Nasdaq composite was down eight points, or 0.2 percent, at 3,667.
The U.S. government reported that 162,000 jobs were created last month, fewer than economists were expecting and the least since March.
The yield on the 10-year Treasury note fell to 2.63 percent from 2.71 percent.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
Mexico proudly controls its energy but could find it hard to reach its climate goals
Mexico's taking control of its oil sector from U.S. and British companies is taught in schools and celebrated every year. The 1938 nationalization is a point of pride for millions of Mexicans including President Andrés Manuel López Obrador.
Business
Business
Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft's 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday.
Business
Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meeting
Asian shares mostly rose Tuesday, as investors kept their eyes on potentially market-moving reports expected later this week.