US stock indexes mixed in early trading; oil slides

FILE - In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. Stocks are opening lower on Wall Street, Tuesday, June 6, 2017, led by declines in banks and industrial companies. Retailers were also taking big losses in early trading. (AP Photo/Mark Lennihan, File) FILE - In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. Stocks are opening lower on Wall Street, Tuesday, June 6, 2017, led by declines in banks and industrial companies. Retailers were also taking big losses in early trading. (AP Photo/Mark Lennihan, File)

By Associated Press June 6, 2017 2 min read

U.S. stock indexes edged mostly lower in early trading Tuesday, extending modest losses from the day before. Several retailers posted quarterly results that fell short of Wall Street’s expectations. Bank stocks were down the most, reflecting a steep drop in bond yields. Technology companies led the gainers.

KEEPING SCORE: The Standard & Poor’s 500 index fell 2 points, or 0.1 percent, to 2,433 as of 10:12 a.m. Eastern Time. The Dow Jones industrial average slid 19 points, or 0.1 percent, to 21,164. The Nasdaq composite index was up 1 point to 6,297.

BUMPY OUTLOOK: Conn’s slumped 11.6 percent after the furniture and mattress retailer issued a disappointing second-quarter outlook for sales at its established stores. The stock declined $2.19 to $16.69.

INCOVENIENT QUARTER: Casey’s General Stores slid 6.7 percent after the convenience store operator’s latest quarterly report card fell short of analysts’ expectations. The stock fell $7.80 to $108.70.

SALES BIND: Fastenal was down 4.7 percent after the maker of industrial fasteners reported its May sales figures. The stock was the biggest decliner in the S&P 500, shedding $2.10 to $42.55.