Opening Glance: Electrical equipment shares down

Shares of electrical equipment companies opened lower on Friday as oil prices rose and worries persisted about the health of the financial sector.

Crude oil futures jumped $3.59 to $135.52 a barrel on the New York Mercantile Exchange. Meanwhile, Moody's Investor Service downgraded two of the nation's biggest bond insurers, and Merrill Lynch cut its earnings estimates and price targets on a number of banks.

Here's how some shares of electrical equipment makers are faring:

Amphenol Corp., down $1.33, or 2.7 percent, to $48.25.

Wesco International Inc., down 76 cents to $42.24.

Avnet Inc., down 99 cents, or 3.3 percent, to $28.86.

Emerson Electric Co., down 75 cents to $53.76.