- The major Wall Street indices opened near Monday’s closing levels.
- The major sectors of the S&P 500 trade operate mixed.
- Investors await Conference Board consumer confidence data.
After the sharp drop on Monday, major US stock indices They started the day with little change, as investors appear to refrain from taking important positions before the presidential elections. Additionally, the growing number of confirmed coronavirus cases globally forces participants to take a cautious stance.
At the moment, the S&P 500 is up 0.1% on the day at 3,403, the Dow Jones Industrial Average is losing 0.17% at 27,638, and the Nasdaq Composite is gaining 0.55% at 11,424.
Among the top 11 sectors in the S&P 500, the Consumer Discretionary Index rose 0.55% as the largest daily gain percentage. On the other hand, the Energy Index is down 1.5%.
Later in the session, the Conference Board Consumer Confidence data will be analyzed for fresh momentum.
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Credits: Forex Street
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