Wall Street starts the day little changed

Major equity indexes in the U.S. started the day relatively close to yesterday's closing levels on Wednesday and continues to move sideways in a tight range amid a lack of fresh catalysts. As of writing, the Nasdaq Composite was up 0.07% on the day while the Dow Jones Industrial Average and the S&P 500 were losing 0.15% and 0.08%, respectively.

Among the 11-major S&P 500 sectors, technology is adding 0.35% to become the best performing sector in the early trade. On the other hand, the energy and the real estate sector are both down more than 0.5%.

Earlier today, in an interview with CNBC, U.S. Treasury Secretary Steven Mnuchin said that he and other U.S. officials will be travelling to Beijing next week for a new round of trade talks. "We made progress last week with China over trade enforcement issues, need to do more work on the mechanisms," Mnuchin explained and added that there was still a lot of work to do before reaching a trade deal. Nevertheless, the market didn't show a meaningful reaction to these comments and the trade-sensitive sectors were last seen posting small losses.