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S&P 500 Index opens flat, energy stocks continue to climb on oil rally
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S&P 500 Index opens modestly lower following Tuesday s decline
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4/30/2021 1:45:33 PM GMT | By Eren Sengezer
Wall Street s main indexes opened lower on Friday.
Energy stocks underperform pressured by falling crude oil prices.
Major equity indexes opened in the negative territory on Friday as investors may be looking to book their profits on the last day of the month. As of writing, the S&P 500 Index was down 0.5% at 4,189, the Nasdaq Composite was losing 0.62% at 13,883 and the Dow Jones Industrial Average was falling 0.38% at 33,930.
Among the 11 major S&P 500 sectors, the Energy Index is down nearly 1% after the opening bell as US crude oil prices are losing 1.6% on a daily basis. Moreover, the Technology Index, which managed to post strong gains during this week s rally, is losing 0.9%.
S&P 500 Index opens sharply higher, hits new record-high above 4,050
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