Markets Right Now: Energy sector leads stocks slightly lower

NEW YORK (AP) " The latest on developments in financial markets (All times local):

4:00 p.m.

Declines in energy and real estate companies led U.S. stock indexes mostly lower after a listless day on Wall Street.

Murphy oil slumped 3.6 percent Friday.

Investors were sizing up earnings from American Airlines, Microsoft and other big companies.

Starbucks slumped 4 percent after reporting weak sales growth and cutting its forecast.

The Standard & Poor's 500 index fell 2 points, or 0.1 percent, to 2,294.

The Dow Jones industrial average slipped 7 points, less than 0.1 percent, to 20,093. The Nasdaq composite edged up 5 points, or 0.1 percent, to 5,660.

Bond yields fell after the government reported that the U.S. economy grew at an annual rate of just 1.9 percent in the last three months of 2016.

The yield on the 10-year Treasury note fell to 2.49 percent.

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11:45 a.m.

Energy companies led a slight decline in U.S. stock indexes as the price of crude oil headed lower.

Murphy oil slumped 3.7 percent in midday trading Friday.

Investors were sizing up earnings from American Airlines, Starbucks, Microsoft and other big companies.

The Standard & Poor's 500 index fell 2 points, or 0.1 percent, to 2,293.

The Dow Jones industrial average, which tracks 30 big industrial companies, slipped 10 points, or 0.1 percent, to 20,091. The Nasdaq composite edged down 3 points, less than 0.1 percent, to 5,651.

Bond yields fell after the government reported that the U.S. economy grew at an annual rate of just 1.9 percent in the last three months of 2016.

The yield on the 10-year Treasury note fell to 2.49 percent.

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9:35 a.m.

Stock indexes are barely budging in early trading on Wall Street as investors look over a large batch of earnings reports from U.S. companies.

Chevron slumped 3 percent after reporting fourth-quarter results that missed analysts' estimates. Intel rose 2 percent after its revenue came in ahead of forecasts.

The Standard & Poor's 500 index fell 1 point, or 0.1 percent, to 2,295.

The Dow Jones industrial average, which tracks 30 big industrial companies, was little changed at 20,101. The Nasdaq composite edged up 3 points, less than 0.1 percent, to 5,658.

Bond prices rose after the government reported that the U.S. economy grew at an annual rate of just 1.9 percent in the last three months of 2016.

The yield on the 10-year Treasury note fell to 2.49 percent.

This story has been automatically published from the Associated Press wire which uses US spellings

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