The energy index rises on Thursday supported by the recovery of crude oil prices.
Falling US Treasury yields affect financial stocks.
Wall Street's main indexes started the day with small losses on Thursday as investors remained on the sidelines awaiting new developments surrounding the US-China trade dispute. As of this writing, the Dow Jones Industrial Average and the S&P 500 index are down 0.05% on the day while the Nasdaq Composite Index is down 0.17%.

Among the 11 major sectors of the S&P 500, the energy index rose 0.4% topping the list of winners supported by higher crude oil prices. On the other hand, with the yield on 10-year US Treasuries falling more than 2% for the second day in a row, the financial index fell 0.2% while the index of risk-sensitive technology erases 0.4%.

Markets will be watching Jerome Bowles, chairman of the Federal Reserve Board, testifying before the House Budget Committee, but is expected to make almost identical remarks to those he gave to the Joint Economic Committee of Congress on Wednesday.