caution

Wall Street eases as caution rises over earnings

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By Caroline Valetkevitch

U.S. stocks ended a choppy session lower on Monday as investors grew more nervous ahead of the third-quarter earnings reporting season.

Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co results on Wednesday.

Indexes reversed early gains, and JPMorgan shares were down and among the biggest drags on the S&P 500, while the S&P financial index was also lower.

According to preliminary data, the

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Wall Street slips as caution rises over earnings; financials down

  • Energy sector down after hitting highest since Jan 2020
  • Big banks set to start reporting results from Wednesday
  • Indexes up: Dow 0.4%, S&P 0.3%, Nasdaq 0.1%

NEW YORK, Oct 11 (Reuters) – U.S. stocks were mostly lower in afternoon trading Monday with trading choppy as investors were cautious before third-quarter earnings season.

Indexes reversed earlier gains, with the Dow and S&P 500 lower and the Nasdaq essentially flat.

Supply chain problems and higher costs for energy and other things have fueled concern about earnings, set to kick off with JPMorgan Chase & Co (JPM.N) results on Wednesday.

JPMorgan shares were

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