Major U.S. stock-indexes lower on Monday as a drop in oil prices, lackluster quarterly earnings and an impending Federal Reserve meeting weighed on investor sentiment. The central bank's policymakers are expected to hold interest rates steady when they meet on Tuesday and Wednesday, but may tweak their description of the economic outlook to reflect more benign conditions. Oil prices fell about 1,5% after traders cited reports of a supply buildup, interrupting the stock market's long bull run.
Most of Dow stocks in negative area (23 of 30). Top looser - Caterpillar Inc. (CAT, -2,27%). Top gainer - McDonald's Corp. (MCD +0,90%).
All S&P sectors in negative area. Top looser - Basic Materials (-1,6%).
At the moment:
Dow 17815.00 -102.00 -0.57%
S&P 500 2074.50 -11.50 -0.55%
Nasdaq 100 4452.50 -13.25 -0.30%
Oil 43.12 -0.61 -1.39%
Gold 1242.40 +12.40 +1.01%
U.S. 10yr 1.90 +0.01