US stocks steady ahead of global economic talks

LONDON (AP) — U.S. stocks are little changed as investors weigh first quarter results from several financial companies and look ahead to weekend meetings on economics and oil.

Oil prices slipped early Friday, dragging energy companies lower.

Citibank said first quarter profit declined sharply, but results beat expectations and Citi shares rose 2.4 percent.

This weekend, finance ministers from leading industrial nations are to meet in Washington, and major oil-producing nations are to meet in Doha to discuss cutting production.

The Dow Jones industrial average fell 2 points to 17,923 as of 9:35 a.m. Eastern time.

The Standard & Poor’s 500 index fell less than a point to 2,081. The Nasdaq composite fell 6 points to 4,939.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.77 percent.

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