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Monday Morning Market Roundup: Not Off to Such a Great Start

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Here’s what’s shaking:

Stocks:

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Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.

The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent.

The Standard & Poor's 500 index was off a point at 1,665, or 0.1 percent.

The Nasdaq composite fell less than a point to 3,498, or less than 0.1 percent.

Investors will be looking to Federal Reserve Chairman Ben Bernanke's testimony to Congress, scheduled for Wednesday. The Federal Reserve's super-easy monetary policy has been a factor driving stock indexes to record highs this year.

Oil:

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The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a speech by the Federal Reserve chief.

Benchmark crude for June delivery was down 55 cents to $95.47 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose 86 cents to close at $96.02 a barrel on Friday.

Later in the week, the U.S. government will release home sales and durable goods orders for April and HSBC will release its monthly survey on China's manufacturing growth.

Brent crude, a benchmark for many international oil varieties, fell 56 cents to $104.08 a barrel on the ICE Futures exchange in London.

Markets:

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Follow Becket Adams (@BecketAdams) on Twitter

The Associated Press contributed to this report.

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