Watch CBS News

U.S. stocks edge lower as investor look overseas

NEW YORK - U.S. stocks are edging lower in early trading, a day after the Nasdaq composite set a record high.

Investors were keeping an eye on events overseas. Talks between Greece and its international creditors remain unresolved with a big debt repayment looming.

In China, the main stock index plunged, raising concerns that a bubble in the market may have burst.

The Dow Jones industrial average dropped 19 points, or 0.1 percent, to 18,096 at 10:10 a.m. ET on Friday.

The Standard & Poor's 500 index fell three points, or 0.1 percent, to 2,118.

The Nasdaq composite declined 10 points, or 0.2 percent, to 5,122.

Treasury prices rose, pushing the yield on the 10-year note to 2.27 percent from 2.32 percent on Thursday.

View CBS News In
CBS News App Open
Chrome Safari Continue