- The major Wall Street indices are trading mixed on Monday.
- Tech sector stocks post strong gains ahead of corporate earnings reports.
The main US stock indices have opened with a mixed tone on Monday, as investors are preparing for a busy week with the FOMC meeting, key macroeconomic data releases and corporate earnings reports. At the time of writing, the S&P 500 is up 0.28% at 3,852, the Dow Jones Industrial Average is down 0.45% at 30,861, and the Nasdaq Composite is up 1.35% at 13,551.
The S&P 500 Tech Sector Index rises 1.45% after the opening bell, being the top performing major sector. On the other hand, the index of S&P 500 energy sector is losing more than 2% pressured by a sharp turn in oil prices. At the moment, a barrel of West Texas Intermediate WTI is down 0.3% on the day at $ 51.90.
Tesla, Apple, Microsoft, Netflix, McDonald’s, Boeing and Caterpillar will be among the companies to publish their quarterly reports this week.
S&P 500 daily chart
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