In this March 13, 2012 photo, Gordon Charlop, right, works with fellow traders on the floor of the New York Stock Exchange. World stock markets were mixed Monday, March 19, 2012 as doubts about Greece's ability to follow through with tough economic reforms required under an international bailout overtook good news about the U.S. economy. (AP Photo/Richard Drew)
In this March 13, 2012 photo, Gordon Charlop, right, works with fellow traders on the floor of the New York Stock Exchange. World stock markets were mixed Monday, March 19, 2012 as doubts about Greece's ability to follow through with tough economic reforms required under an international bailout overtook good news about the U.S. economy. (AP Photo/Richard Drew)
NEW YORK (AP) ? U.S. stocks are opening the week lower after last week's rally.
The Dow Jones industrial average is down 13 points to 13,219 in the early minutes of trading. The broader Standard & Poor's 500 is down a point to 1,403. The Nasdaq composite index is down 3 points to 3,053.
European markets are mixed, with France and Germany falling and Greece and Spain rising. Oil prices continued to rise, inching above $107 per barrel.
Apple shares are up about 1 percent after the company's announcement that it would pay a quarterly dividend to shareholders, a move that many investors had been advocating.
The National Association of Home Builders is scheduled to release its March housing market index, which measures homebuilder confidence.
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