Dow:18120 -3 -0.02%
Nasdaq:5235 -9 -0.18%
S&P500:2139 -0 -0.00%
VIX :15.53 +0.16 +1.04%
Nikkei:16429 -89 -0.54%
Infy:+0.37%, Wit:+1.86%
Ttm:+0.51%, Rdy:+0.51%
Hdb:+0.75%, Ibn:+1.65%
SBID:+1.42%, RIGD:+1.74%
Us/Inr: $66.93, Eu/Us:1.11
DIX: 95.85, JPY: 101.90
Gold:$1317, Silver: $19.28
Oil: $43.22, Brent: $45.90
US10-YR : 1.707% +0.009
SGX Nifty: 8800.00 -24.50
A see-saw session on Wall Street on Monday ended little changed, with gains in big bank stocks offsetting a drag from Apple, as investors braced for the Federal Reserve meeting later this week.
The Fed is expected to leave interest rates unchanged at the two-day meeting, but investors will assess Chair Janet Yellen's speech on Wednesday to see if the central bank plans to hike as soon as December.
After trading solidly higher during the morning, the benchmark S&P 500 pulled back and slid briefly into negative territory. The index has tallied four daily moves of at least 1 percent in the past couple of weeks after two months of calm.
"The market has been all over the place. It’s been driven by the threat of higher interest rates," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa. "Most people feel the most unloved bull market in recent memory will be cut off at the knees by higher interest rates, and the Fed is certainly threatening that in the near term."
The Dow Jones industrial average .DJI fell 3.63 points, or 0.02 percent, to 18,120.17, the S&P 500 .SPX lost 0.04 points, to 2,139.12 and the Nasdaq Composite .IXIC dropped 9.54 points, or 0.18 percent, to 5,235.03.
Traders are betting that there is only a 12-percent chance the Fed will raise interest rates this week, but see a 55-percent chance the central bank will do so in December, according to the CME's FedWatch website.
Investors also are eyeing the Bank of Japan's policy meeting on Tuesday and Wednesday, while the first debate of the U.S. presidential election is set for next Monday.
Nasdaq:5235 -9 -0.18%
S&P500:2139 -0 -0.00%
VIX :15.53 +0.16 +1.04%
Nikkei:16429 -89 -0.54%
Infy:+0.37%, Wit:+1.86%
Ttm:+0.51%, Rdy:+0.51%
Hdb:+0.75%, Ibn:+1.65%
SBID:+1.42%, RIGD:+1.74%
Us/Inr: $66.93, Eu/Us:1.11
DIX: 95.85, JPY: 101.90
Gold:$1317, Silver: $19.28
Oil: $43.22, Brent: $45.90
US10-YR : 1.707% +0.009
SGX Nifty: 8800.00 -24.50
A see-saw session on Wall Street on Monday ended little changed, with gains in big bank stocks offsetting a drag from Apple, as investors braced for the Federal Reserve meeting later this week.
The Fed is expected to leave interest rates unchanged at the two-day meeting, but investors will assess Chair Janet Yellen's speech on Wednesday to see if the central bank plans to hike as soon as December.
After trading solidly higher during the morning, the benchmark S&P 500 pulled back and slid briefly into negative territory. The index has tallied four daily moves of at least 1 percent in the past couple of weeks after two months of calm.
"The market has been all over the place. It’s been driven by the threat of higher interest rates," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa. "Most people feel the most unloved bull market in recent memory will be cut off at the knees by higher interest rates, and the Fed is certainly threatening that in the near term."
The Dow Jones industrial average .DJI fell 3.63 points, or 0.02 percent, to 18,120.17, the S&P 500 .SPX lost 0.04 points, to 2,139.12 and the Nasdaq Composite .IXIC dropped 9.54 points, or 0.18 percent, to 5,235.03.
Traders are betting that there is only a 12-percent chance the Fed will raise interest rates this week, but see a 55-percent chance the central bank will do so in December, according to the CME's FedWatch website.
Investors also are eyeing the Bank of Japan's policy meeting on Tuesday and Wednesday, while the first debate of the U.S. presidential election is set for next Monday.
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