Stocks step back at open

Oil pipeline explosion puts at least a temporary halt to market's two-day rally.

Subscribe to Markets
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

NEW YORK (CNNMoney.com) -- Stocks sputtered at the start of trading Thursday as investors saw oil spike higher on a pipeline explosion in Minnesota.

The Dow Jones industrial average slipped 0.3 percent. The Nasdaq composite index lost 0.3 percent. The Standard & Poor's 500 index was 0.4 percent lower.

Among stocks in the news Thursday: E*Trade (Charts), Sears Holdings (Charts, Fortune 500), Warner Music Group (Charts), Wet Seal (Charts) and Verasun Energy (Charts). To top of page

Photo Galleries
6 great Memorial Day car deals Here are some hot tips if you're going out car-shopping this weekend. More
10 multi-million-dollar mega-yachts These folks definitely do not need a bigger boat. Peek inside some of the swankiest vessels on the high seas. More
Build your own eco-friendly house Home is wherever you want it to be. This 150-square-foot home can be shipped almost anywhere and then assembled like Ikea furniture in about four days. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.