Major equity indexes opened little changed on Friday. Energy shares underperform amid worries over escalating US-China tensions. Wall Street’s main indexes started the last day of the week on a mixed tone as investors seem to be staying reluctant to make large bets ahead of US President Trump’s press conference on China. Reflecting the cautious mood, the CBOE Volatility Index, the so-called fear gauge, is up 5.2% on the day. Falling crude oil prices hurt energy shares As of writing, the Dow Jones Industrial Average and the S&P 500 were down 0.35% and 0.12%, respectively, while the Nasdaq Composite was gaining 0.55%. Earlier in the day, the data published by the US Bureau of Economic Analysis revealed that Personal Spending in April plunged by 13.6%. However, further details of the report showed that Personal Income increased by 10.5%. Nevertheless, these data had virtually no impact on market sentiment. Among the 11 major S&P 500 sectors, the Energy Index is down 1% on the day pressured by a more-than-1% drop in crude oil prices. On the other hand, the Technology Index is up 0.5% as the top performer. 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 US: UoM Consumer Sentiment Index recovers to 72.3 (final) in May vs. 74 expected FX Street 3 years Major equity indexes opened little changed on Friday. Energy shares underperform amid worries over escalating US-China tensions. Wall Street's main indexes started the last day of the week on a mixed tone as investors seem to be staying reluctant to make large bets ahead of US President Trump's press conference on China. Reflecting the cautious mood, the CBOE Volatility Index, the so-called fear gauge, is up 5.2% on the day. Falling crude oil prices hurt energy shares As of writing, the Dow Jones Industrial Average and the S&P 500 were down 0.35% and 0.12%, respectively, while the Nasdaq Composite was… 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.
