The stock market is opening slightly lower after the U.S. economy slowed more sharply than expected in the final three months of the year.
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The Dow Jones industrial average slipped 15 points, or 0.1 percent, to 18,199 in early trading Friday. The Standard & Poor's 500 index was flat at 2,110 and the Nasdaq slipped less than a point to 4,987.
The Commerce Department said the U.S. economy grew at an annual rate of 2.2 percent in the October-December quarter, weaker than the 2.6 percent first estimated last month. It marked a major slowdown from the third quarter, which had been the strongest growth in 11 years.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.02 percent.