![Image of US Navy oil tankers [Richard J. Brunson/Wikipedia]](https://i0.wp.com/www.middleeastmonitor.com/wp-content/uploads/2016/11/2004_12_12-US-Navy-oil-tankers.jpg?fit=1200%2C800&ssl=1)
The stock market opened lower Friday with a decline in oil prices.
The Dow fell by 58 points to open at 20,752 and the S&P 500 was down nine points to 2,354.
Read: Oil rises in thin trade, but swelling US output caps rally
The Nasdaq fell by 32 points to begin the final trading day of the week at 5,803.
At the opening bell, American benchmark West Texas Intermediate was down 0.8 percent at $53.97 a barrel, and international benchmark Brent crude was trading at $55.95 per barrel – a 1.1 percent loss.