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Nasdaq drops 1% at open in cautious start to Fed meeting week
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Wall Street ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep cut in borrowing costs.
The Dow Jones Industrial Average rose 41.4 points, or 0.10%, at the open to 41,435.17.
The S&P 500 fell 10.8 points, or 0.19%, at the open to 5,615.21, while the Nasdaq Composite dropped 1.11%, to 17,488.53 at the opening bell.
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. Read more on economictimes.indiatimes.com
About this in other media
European shares open lower ahead of action-packed week; Fed in focus economictimes.indiatimes.com /2 days ago
US stock market predictions, top shares to watch: High-flying S&P 500, Nasdaq, Dow Jones eye Fed rate cut, recession economictimes.indiatimes.com /3 days ago
Nirmala Sitharaman meets Nasdaq vice chairperson, discusses potential investment opportunities in India economictimes.indiatimes.com /5 days ago
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