US stocks open lower; energy sector sinks along with oil
By The Associated Press, Associated Press
Feb 8, 2016 8:44 AM CST
American flags fly at the New York Stock Exchange on Wall Street, July 6, 2015. World stock markets were uneven Friday, Feb. 5, 2016, as investors awaited U.S. job numbers that could influence how much the Fed raises interest rates this year. Japanese shares sagged on the strengthening yen. (AP Photo/Mark...   (Associated Press)

Stocks are opening broadly lower on Wall Street, putting the market on track for its second sizable loss in a row.

Energy stocks were among the biggest decliners in early trading Monday as the price of crude oil fell again.

Property and casualty insurance company Loews sank 4 percent after reporting earnings that fell far short of analysts' forecasts.

The Dow Jones industrial average fell 213 points, or 1.3 percent, to 15,989 as of 9:35 a.m. Eastern time.

The Standard & Poor's 500 index lost 25 points, or 1.3 percent, to 1,854. The Nasdaq composite dropped 81 points, or 1.9 percent, to 4,279.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.79 percent.