Wall Street turns cautious as focus shifts first quarter earnings. Energy shares post gains on OPEC+ output cut deal. Major equity indexes opened lower on Monday after registering strong gains in the previous week as investors seem to be moving to the sidelines while waiting for first-quarter earnings figures. As of writing, the Dow Jones Industrial Average and the S&P 500 were both down 0.8% on the day while the Nasdaq Composite was erasing 0.55%. Eyes on Q1 earnings Among the 11 major S&P 500 sectors, the Financials Index is down 2.5% on the day before JPMorgan Chase & Co’sWells Fargo & Co’s kicks of the Q1 earnings season on Tuesday. On the other hand, the 9.7 million barrels per day output cut deal reached with OPEC+ and other producers seems to be helping the Energy Index, which is up 1.4% as the only major sector in the positive territory. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Price Analysis: BTC/USD recovery is hopeless as long as daily SMA50 stays intact FX Street 2 years Wall Street turns cautious as focus shifts first quarter earnings. Energy shares post gains on OPEC+ output cut deal. Major equity indexes opened lower on Monday after registering strong gains in the previous week as investors seem to be moving to the sidelines while waiting for first-quarter earnings figures. As of writing, the Dow Jones Industrial Average and the S&P 500 were both down 0.8% on the day while the Nasdaq Composite was erasing 0.55%. Eyes on Q1 earnings Among the 11 major S&P 500 sectors, the Financials Index is down 2.5% on the day before JPMorgan Chase & Co'sWells… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
