Stocks open lower as oil creeps above $96

Stocks open lower as oil creeps above $96

THE ASSOCIATED PRESS
Published Aug 28, 2012 07:17AM MDT
New York • Major stock indexes are opening lower. The Dow Jones industrial average is down four points to 13,122. The broader Standard & Poor’s 500 index is down two to 1,407, and the Nasdaq composite index is down four to 3,068. The price of a house increased in all major U.S. cities in June, according to the Standard & Poor’s/Case-Shiller home price index. The report was the latest sign that the housing market has been gaining strength. Crude oil crept above $96 a barrel, as Tropical Storm Isa...
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