Stocks down slightly in early trading

After opening slightly higher, U.S. stocks edged lower today in the first trading since Wall Street’s gut-wrenching drops on Friday.

The Dow Jones industrial average was down 33 points, or 0.3%, to 12,085 shortly after the opening bell.

The broader Standard & Poor’s 500 lost 3 points, or 0.3%, to 1,275.

The tech-focused Nasdaq was down 4 points, or 0.1%, to 2,744.


Major U.S. stock indexes lost more than 2% Friday after the federal government reported dismal hiring in May, renewing fears of a U.S. economic slowdown as Asia and Europe face struggles of their own.

Major Asian stock markets were down sharply in Monday trading, while European indexes were mixed.


Alan Simpson shows his cards to The Times

Asian stocks slump in early trading Monday

Stocks end down more than 2% in broad sell-off