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S&P 500 opens little changed and remains near 4,200

  • The major stock indices are trading in positive territory on Wednesday.
  • The S&P 500 consumer discretionary sector rises 0.5% after the opening bell.

On Wednesday, the major Wall Street indices have opened near the closing levels of the previous day in the absence of significant market drivers. At the time of writing, the S&P 500 is up 0.1% on the day at 4.1921, the Dow Jones Industrial Average is flat at 34.325, and the Nasdaq Composite is up 0.25% at 13.691.

Among the top 11 sectors of the S&P 500, consumer discretionary index rises 0.55% as the highest percentage of daily profit after the opening bell. On the other hand, defensive health and public services indices are trading in negative territory.

Reflecting market indecision, the CBOE Volatility Index (VIX), Wall Street’s gauge of fear, posted small losses at 18.6.

S&P 500 daily chart

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