Stock Market Update

[BRIEFING.COM] The S&P 500, DJIA, and Nasdaq Composite trade flat as sector strength remains almost evenly split. 

The energy sector (-0.9%) faces early pressure in tandem with a $0.34 decrease in crude oil prices to $61.65 per barrel, a change of 0.6%.

Though there are still a multitude of uncertainties pertaining to the summit between President Trump and Russian President Vladimir Putin, Bloomberg reports that President Trump will at least temporarily abstain from increasing tariffs on China after initial threats to raise tariffs due to China's purchase of Russian oil. 

The consumer staples sector (+0.4%) holds a decent early gain, with Walmart (WMT 100.42, +0.42, +0.42%), Costco (COST 976.93, +4.89, +0.50%), and Target (TGT 105.23, +2.21, +2.15%) trading higher ahead of their earnings reports this week.