 "A Wall Street sign is pictured in the rain outside the New York Stock Exchange in New York.")
US stocks opened lower on Monday as oil prices hovered near multi-year lows due to a global glut.
The Dow Jones industrial average fell 28.59 points, or 0.16%, to 17,523.58, the S&P 500 lost 5.8 points, or 0.28%, to 2,055.19 and the Nasdaq Composite index dropped 16.83 points, or 0.33%, to 5,031.67.
