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Stocks Dip Slightly as the Start of Earnings Season Nears

Stock quotes in this article: UBS , AA , CVX , WMT , INTC , BA , C  

Updated from 9:46 a.m. EST

Stocks in New York opened in neutral as President Bush delivered his last press conference as commander in chief, and investors braced for the kickoff of fourth-quarter earnings reports.

The Dow Jones Industrial Average was losing 51 points at 8547, and the S&P 500 was off by 8 points at 881. The Nasdaq was down 10 points at 1560.

The most recent jobs data and news of more layoffs across industries weighed on stocks Friday. For the week, the Dow Jones Industrial Average lost 4.8%; the S&P gave up 4.4%; and the Nasdaq retreated 3.7%. ...

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