[BRIEFING.COM] The major indices begin the session on a lower note. The S&P 500 is down 0.4%, the Nasdaq Composite is down 0.2%, and the Dow Jones Industrial Average is down 0.4%.
Within the S&P 500, the materials (-1.1%), energy (-1.1%), and communication services (-0.6%) sectors are weighing on the benchmark index. The real estate sector (+0.2%) is the only sector trading higher in early action.
U.S. Treasuries are holding tight near their flat lines. The 2-yr yield is flat at 0.13%, and the 10-yr yield is down one basis point to 0.66%. The U.S. Dollar Index is up 0.2% to 94.57. WTI crude is down 0.8% to $40.00/bbl.