U.S. stocks are opening slightly lower ahead of another round of Congressional testimony from Federal Reserve Chair Janet Yellen.
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The Dow Jones industrial average fell nine points, or 0.1 percent, to 18,197 as of 9:35 a.m. Eastern time Wednesday.
The Standard & Poor's 500 index slipped one point to 2,111. The Nasdaq composite eased six points, or 0.1 percent, to 4,961.
The Dow and S&P 500 closed at record highs the day before after investors were encouraged by remarks from Yellen suggesting that the Fed was not in a hurry to raise interest rates.
Oil rose 13 cents to $49.42 a barrel in New York.
Bond prices didn't move much. The yield on the 10-year Treasury note held steady at 1.98 percent.