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American equity markets open cautiously

FXstreet.com (Barcelona) - The US stock market opened cautiously Monday, ahead of US housing data. Earlier today however in the United States, the Chicago Fed National Activity Index (March) came in at -0.23, compared to a figure of 0.76 previously. Later today, investors will mull housing data at 14:00 GMT.

Beginning with the indices and composites, the NASDAQ climbed +0.14% as it settles in region of 3210.57, up +4.41 points in these moments. In addition, the S&P 500 is trading in negative territory, operating at 1554.85, descending -0.41 points or -0.03% at the time of writing. Finally, the Dow Jones has edged lower at the opening, trading in the zone of 14492.14, presently -0.07% after a movement of -10.90 points.

Sectors are all lower at the opening, however the Energy and Technology sectors have distinguished themselves as the winners thus far, rising +0.18% and +0.27% respectively. In other news, the price of crude is testing USD $88.39/bbl Monday.

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