Major U.S. stock-indexes little changed on Tuesday as investors assess quarterly earnings and await the outcome of a two-day U.S. Federal Reserve meeting. Markets see no chance of a U.S. interest rate increase at the meeting that is set to begin on Tuesday but have priced in a one-in-five chance of a hike at the meeting on June 14-15. Fed officials have repeatedly said a hike in June is on the cards. While job growth has continues to gain strength, inflation stubbornly remains below the Fed's 2% target. Investors are also keeping a close eye on earnings reports from major players such as Apple (AAPL) and AT&T (T).
Most of Dow stocks in negative area (18 of 30). Top looser - Microsoft Corporation (MSFT, -1,21%). Top gainer - E. I. du Pont de Nemours and Company (DD, +2,40%).
Most of S&P sectors in positive area. Top looser - Healthcare (-0,8%). Top gainer - Basic Materials (+0,6%).
At the moment:
Dow 17863.00 -39.00 -0.22%
S&P 500 2080.75 -2.50 -0.12%
Nasdaq 100 4447.00 -25.25 -0.56%
Oil 43.53 +0.89 +2.09%
Gold 1243.00 +2.80 +0.23%
U.S. 10yr 1.92 +0.02