After a strong opening, stocks lost stream in midday trading – especially in the retail sector, which was mostly in the red ahead of Apple Inc.’s quarterly earnings report.
The Dow Jones Industrial Average was up 0.2 percent to 18,117 while the S&P 500 was trending up 0.1 percent to 2,119. The Nasdaq was down 0.1 percent to 5,086.
Shares in the retail and fashion apparel sector were down between 0.1 and 3 percent with Wal-Mart Stores Inc., Target Corp., Gap Inc. and TJX Companies Inc. all declining in that range.
The declines were contrasted by crude oil trading down 0.1 percent and gold trading up 2.2 percent.