NEW YORK - U.S. stocks are slipping ever so slightly as the price of oil falls and investors weigh first quarter results from several financial companies.
Citibank said Friday first quarter profit declined sharply, but results beat expectations and Citi shares rose 1 percent.
Oil prices slumped nearly 3 percent ahead of a weekend meeting of oil-producing nations in Doha. Drilling company Helmerich & Payne fell 4 percent.
The Dow Jones industrial average fell 23 points, or 0.1 percent, to 17,903 as of 12:55 p.m. ET.
The Standard & Poor's 500 index fell three points to 2,080. The Nasdaq composite fell four points to 4,942.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.77 percent.