US indices traded in range ahead of Q3 reports
The US indices moved in range because most of the investors were waiting for the earnings reports to start after the end of the session. The lack of economic news left the market focused on the coming statements. Among the sectors - Industrial, material and technology stocks fell sharply, while financial shares rose. Investors have been keeping a close eye on the dollar, as the weak US currency is good for corporate profits of companies with a strong global footprint. In corporative news Alcoa rallied 0.5% to $13.96. The aluminum producer is expected to report a loss excluding some items of 9 cents a share. Exxon, fell …
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