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The stock market is moving lower at midday as shares of energy companies slip.

The Dow Jones industrial average fell 34 points, or 0.2 per cent, to 17,033 as of noon Eastern time Thursday.

The Standard & Poor's 500 index fell two points, or 0.1 per cent, to 1,992. The Nasdaq composite slipped 11 points, or 0.2 per cent, to 4,575.

Energy stocks were among the worst performers as the price of oil touched its lowest level since January. Nabors Industries lost 2.1 per cent.

Lululemon jumped 15 per cent after the troubled yoga-gear retailer reported earnings that beat analysts' expectations.

Traders are looking ahead to a Federal Reserve meeting next week and wondering when interest rates will rise.

The yield on the 10-year Treasury note slipped to 2.53 per cent from 2.54 late Wednesday.

This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.

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Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 12/03/26 7:00pm EDT.

SymbolName% changeLast
NBR-N
Nabors Industries
-3.95%75.61

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