Stocks off to a weak start
Major gauges head lower at the start; Google blunder weighs on tech-laden Nasdaq.

NEW YORK (CNNMoney.com) - Stocks got off to a weak start Wednesday with the tech-heavy Nasdaq taking a tumble on Google's woes.

The Nasdaq composite (Charts) fell nearly 0.4 percent. The Dow Jones industrial average (up 22.10 to 10,980.69, Charts) and the Standard & Poor's 500 index (Charts) both fell about 0.2 percent after the market open.

Google (unchanged at $364.45, Research) fell nearly 3 percent in the early going as investors weighed the company's latest blunder. The tech bellwether said late Tuesday that slides showing sales projections were mistakenly posted on the Web during its recent analyst meeting.

NYSE Group (unchanged at $0.00, Research) shares began trading at $67, marking the first public dealing of the New York Stock Exchange itself in its 213-year history.

Crude futures fell after OPEC agreed to keep its taps wide open. U.S. light crude oil for April delivery fell 52 cents to $61.06 a barrel on the New York Mercantile Exchange.

Investors will also be eyeing the weekly inventory report of U.S. fuel supplies, on tap at 10:30 a.m. ET. The report is expected to show a decline in stockpiles of gasoline and distillate fuel used for heating.

Treasury prices were little changed, with the yield on the 10-year note holding at 4.73 percent. Treasury prices and yields move in opposite directions.

In currency trading, the dollar fell against the euro and was slightly stronger against the yen.

COMEX gold fell $8.30 to $546.20 an ounce.

In global trade, major Asian markets ended lower, and European shares fell in early afternoon trading. Top of page

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