- Wall Street's main indexes opened near Thursday's closing levels.
- Fİnancial shares decline on the last day of the week.
- Five major S&P 500 sectors trade in the positive territory.
Major equity indexes in the US opened little changed on Friday in the absence of significant macroeconomic data releases. As of writing, the S&P 500 Index was down 0.15% on the day at 3,575, the Nasdaq Composite was losing 0.12% at 11,970 and the Dow Jones Industrial Average was falling 0.17% at 29,431.
Five out of 11 major S&P 500 sectors trade in the positive territory on Friday with the defensive Utilities Index leading the gainers by rising 0.6%. On the other hand, the Financials Index is down 0.6%.
Among the S&P 500-listed stocks, the Microchip Technology Inc (MCHP: NASDAQ) and ETSY Inc (ETSY: NASDAQ) both gain around 3%. FirstEnergy Corp (FE: NYSE) is the worst performer in the early trade, falling nearly 5% at $27.70.
S&P 500 chart (daily)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.