Stocks end mixed as Federal Reserve meeting nears

  • 📰 latimes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 82%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Major U.S. stock indexes ended mixed Monday as investors turned cautious ahead of a key Federal Reserve interest rate policy announcement and other potentially market-moving developments on tap for this week.

Banks, retailers and communications companies took the brunt of the selling. Those losses were partially offset by gains in healthcare and household goods makers. Utilities and real estate stocks also rose as traders shifted funds into traditionally less risky assets.

“This is a marking-time sort of day with earnings coming up, with the Fed coming up, with the economic data coming up later this week,” said Willie Delwiche, investment strategist at Baird. “If anything, you have a modest reaction to the all-time highs that we saw on Friday and a chance to take profits, but not much conviction either way.”

Despite Monday’s selling, the record run at the end of last week kept the broader market on track for another month of gains. The S&P 500 is up 2.7% in July and the Nasdaq is up 3.6%. The healthcare sector rose, mostly propped up by pharmaceutical companies ahead of some key earnings reports. Some corporate deal news also helped boost the sector.

Booz Allen Hamilton rose 3.4% after the defense contractor’s quarterly profit and revenue beat analysts’ estimates.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 11. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

A top Wall Street strategist says stocks are nearing a threshold that's historically triggered 20% gains — and lays out his case for more market recordsStocks are set for more gains because the market's sectors are rallying tightly together, says Leuthold Group Chief Investment Strategist Jim Paulsen.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »