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U.S. stocks end mixed Monday ahead of Fed policy meeting

43996 us stocks end mixed monday ahead of fed policy meeting

U.S. stocks finished mixed Monday, with the Nasdaq Composite slipping ahead of the Federal Reserve’s two-day policy meeting set to begin July 26 amid recession fears. The Dow Jones Industrial Average DJIA, +0.28% gained 0.3% while the S&P 500 SPX, +0.13% edged up 0.1% and the technology-heavy Nasdaq COMP, -0.43% fell 0.4%, according to preliminary FactSet data. Investors are awaiting the Fed’s decision on its interest-rate policy in a busy week for company earnings that will include quarterly results from big tech stocks such as Apple Inc. AAPL, -0.74% and Google parent Alphabet Inc. Consumer discretionary, information technology and communication services were the worst performing sectors in the S&P 500 index on Monday.

Source: Marketwatch

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