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Asia-Pacific shares trade mostly lower; China manufacturing activity shows growth CNBCAsian shares fall in muted trading ahead of Fed meeting The Associated Press - en EspañolStock Market Today: Dow, S&P Live Updates for Jan. 31, 2023 BloombergChina stocks are close to bull market highs after returning from Lunar New Year break CNBC
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Trading in US equities likely to be subdued in run-up to Fed's announcement
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This eclectic mix of stocks will help diversify your portfolio.
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Futures: Fed Meeting, Big Earnings On Deck; What To Do Now Investor's Business DailyStock market news live updates: Stocks sell off to start blockbuster week Yahoo FinanceStocks open lower as earnings comes into focus CNBC TelevisionWhy Are Stocks Down Today? InvestorPlaceStocks close lower, Dow sheds more than 250 points to snap six-day win streak CNBCView Full Coverage on Google News
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Investors dealt with a pause in the January rally.
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U.S. stocks opened lower on Monday as traders took profits ahead of a meeting of the Federal Reserve where the central bank is expected to hike interest rates by 25 basis points. The S&P 500 SPX fell by 23 points, or 0.6%, to 4,048. The Nasdaq Composite COMP shed 103 points, or 0.9%, to 11,518. The Dow Jones Industrial Average DJIA retreated by 75 points, or 0.2%, to 33,903. Stocks have risen sharply in January, paring last year's losses, but investors are anxious to see whether Fed Chairman Jerome Powell will undermine the rally with hawkish commentary on Wednesday, like he did in August. What's more, investors are gearing up for the busiest week of earnings season this quarter, with 35% of S&P 500 companies set to release quarterly results this week, according to data from Bank of America Global Research.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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