- 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