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Stocks are opening slightly lower in the U.S.as energy companies slide along with the price of crude oil.

The Dow Jones industrial average fell 91.46 points, or 0.52 per cent, to 17,598.4, the S&P 500 lost 5.86 points, or 0.28 per cent, to 2,097.98 and the Nasdaq Composite dropped 12.90 points, or 0.25 per cent, to 5,115.38.

The S&P/Case-Shiller home price index for May increased by 4.9% year-over-year for the 20-city composite index and by 4.7% for the 10-city composite index.

The online retailer posted an unexpected quarterly profit and its market cap ballooned to $247 billion, making it the 10th-largest U.S. company by market value. European benchmarks rose as talks began in Athens for Greece’s bailout.

The market extended losses in late trade, with poor U.S. earnings from the likes of IBM putting pressure on Wall Street and a strengthening euro hitting Europe’s exporters.

Investors have taken their time until more solid earnings reports are posted before the across-the-board stock rally may be resumed.

The Dow Jones industrial average was up 47 points, or 0.3 percent, at 18,097 as of 9:54 a.m. ET.

Outside the benchmark index, Mercer Group was unchanged at 10 cents after saying annual earnings fell as much as 40 percent due to missing sales targets for its Titan 500 Slicers.

The Nasdaq composite declined 72 points, or 1.5 percent, to 4,919.

NEW YORK (AP) — US stocks are closing slightly lower after Greeks rejected the terms of the country’s latest bailout.