S&P 500, Nasdaq end lower ahead of Fed meeting; Dow notches meager gains

Tuesday, 30 July 2019 03:24 WIB

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Stock indexes finished mixed on Monday, with declines in the financials and communication-discretionary sector preventing the S&P 500 and Nasdaq from scoring fresh record closes.

The Dow Jones Industrial Average closed 28.90 points, or 0.1%, higher at 27,221, the S&P 500 index finished 4.89 points, or 0.2%, lower at 3,021, while the Nasdaq Composite Index ended the session 0.4% lower at 8,293.

Investors were focused on coming earnings, with shares of Beyond Meat Inc. in focus after the meat-alternative company released its second quarterly report as a publicly traded company. Investors are mostly focused on the start of a two-day policy meeting of the Federal Reserve set to kick off on Tuesday.

Source : MarketWatch


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