US Market Opens Lower After Oil Price Drop

U.S. stocks opened slightly lower on Friday following a steep drop in oil prices and disappointing corporate results that soured sentiment at the end of a week dominated by concerns over North Korea and trade tensions with China.

West Texas Intermediate graph

The Dow Jones Industrial Average .DJI fell 30.47 points, or 0.12 percent, at the open to 24,781.29. The S&P 500 .SPX opened lower by 4.16 points, or 0.15 percent, at 2,723.60. The Nasdaq Composite .IXIC dropped 2.23 points, or 0.03 percent, to 7,422.20.

via Reuters