Major U.S. stock-indexes fell in morning trading on Monday as investors awaited Federal Reserve's interest rate meeting this week even as fears of slowing growth in China continue to rattle global markets. Stocks are expected to remain volatile in the run-up to the policy meeting on Wednesday and Thursday, when the Fed is expected to decide on its first interest rate increase since 2006. Data on Monday showed that growth in China's investment and factory output in August missed forecasts, raising the chances that China's third-quarter economic growth may dip below 7% for the first time since the global crisis.
Most of Dow stocks in negative area (26 of 30). Top looser - Visa Inc. (V, -1.45%). Top gainer - Apple Inc. (AAPL, +0.78).
Almost all S&P index sectors in negative area. Top looser - Conglomerates (-0.9%). Top gainer - Utilities (+0,1%).
At the moment:
Dow 16262.00 -75.00 -0.46%
S&P 500 1941.25 -9.00 -0.46%
Nasdaq 100 4293.50 -21.75 -0.50%
10 Year yield 2,18% -0,01
Oil 43.87 -0.76 -1.70%
Gold 1108.30 +5.00 +0.45%