On Monday, Wall Street closed mixed, with tech and financial stocks lifting markets amid cautious sentiment ahead of the Federal Reserve’s key meeting. The Dow Jones Industrial Average (DJI) fell 0.1% to 49,168.04, while the Nasdaq Composite gained 0.2%, closing at 24,887.10, and the S&P 500 rose 0.1% to 7,173.93.
Trading volume was subdued, with 15.6 billion shares exchanged, below the 20-session average of 18.3 billion. Advancers outnumbered decliners on the NYSE, but the Nasdaq saw more declines. The CBOE Volatility Index (VIX) decreased 3.7% to 18.02, reflecting market caution amid geopolitical tensions and rising oil prices.
Investors are closely watching upcoming earnings reports from major tech companies, including Amazon, Alphabet, and Microsoft, as these results may influence market sentiment. The Fed’s policy meeting is also anticipated to provide clarity on future interest rates, with no economic data releases reported on Monday.
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