U.S. stocks open lower as investors brace for Fed meeting, earnings deluge

U.S. stocks opened lower on Monday as traders took profits ahead of a meeting of the Federal Reserve where the central bank is expected to hike interest rates by 25 basis points. The S&P 500 SPX, -0.23% fell by 23 points, or 0.6%, to 4,048. The Nasdaq Composite COMP, -0.70% shed 103 points, or 0.9%, to 11,518. The Dow Jones Industrial Average DJIA, +0.20% retreated by 75 points, or 0.2%, to 33,903.

Stocks have risen sharply in January, paring last year’s losses, but investors are anxious to see whether Fed Chairman Jerome Powell will undermine the rally with hawkish commentary on Wednesday, like he did in August. What’s more, investors are gearing up for the busiest week of earnings season this quarter, with 35% of S&P 500 companies set to release quarterly results this week, according to data from Bank of America Global Research.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Crypto Bank Custodia Denied Membership in US Federal Reserve System – Finance Bitcoin NewsThe U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. Nice, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Save a young man's life. Please buy DAR coins. I beg you....😭
출처: BTCTN - 🏆 531. / 51 더 많은 것을 읽으십시오 »

The Fed and the stock market are set for a showdown this week. What's at stake.The Federal Reserve and investors appear to be locked in a stare-down. What Fed Chair Jerome Powell says Wednesday could determine the winner. There’s no showdown lol. Feds always win. Nationalise the federal reserve ! Liberate the Fed liberate the US!
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »