Weak start for stocks on Wall Street

Stocks get off to a weak start on Wall Street; Saks reports a wider loss

Associated Press
Stocks drop for a fourth straight day

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In this Friday, Aug. 16, 2013 photo, specialist Jason Notter, left, and trader Edward Curran work on the floor of the New York Stock Exchange. Stock futures are almost at a standstill, Monday, Aug. 19, 2013, as markets await any hint of changes in Fed thinking within the minutes from its July economic policy meeting later this week. (AP Photo/Richard Drew)

NEW YORK (AP) -- Stocks are getting off to a weak start on Wall Street as a wider loss from Saks delivered the latest bad news from the struggling retail sector.

The Dow Jones industrial average was down six points, or less than 0.01 percent, at 15,073 after the first few minutes of trading Monday.

The Standard & Poor's 500 index was down a fraction at 1,655. The Nasdaq composite was up nine points, or 0.3 percent, at 3,612.

Saks reported a wider loss on higher expenses and charges. Several other retailers were set to report results this week.

The Dow is coming off its worst week of the year.

The yield on the 10-year Treasury note edged up to 2.86 percent from 2.85 percent late Friday.

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