Today kicks off earnings season and many nervous investors are waiting to hear from aluminum maker Alcoa (AA) after the closing bell. Many believe that this earnings release will set the tone and direction for the second quarter. To see what Alcoa reports and to follow other earnings reports, visit the earnings calendar.
Overall, all three major U.S. indexes were down in morning trading. The Dow Jones Industrial Average dropped by 0.5%, the S&P 500 is down 0.8% and the Nasdaq has dropped nearly 0.7%.
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Kevin Grewal contributed to this article.