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US: Wall St slips at open after Morgan Stanley results

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US stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley's weak results and energy shares hurt by a drop in oil prices.

[NEW YORK] US stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley's weak results and energy shares hurt by a drop in oil prices.

The Dow Jones Industrial Average fell 60.07 points, or 0.25 per cent, at the open to 24,147.09.

The S&P 500 opened lower by 6.82 points, or 0.26 per cent, at 2,609.28. The Nasdaq Composite dropped 24.56 points, or 0.35 per cent, to 7,010.13 at the opening bell.

REUTERS