Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks fall ahead of Fed meeting

Economies.com
2021-07-27 14:21PM UTC

US stock indices fell in early trading on Tuesday, ahead of the Federal Reserve meeting, and after the release of further Q2 corporate earning results.

 

The US Federal Reserve's monthly meeting will start later today, and will continue to Wednesday, amid expectations of holding the benchmark interest rate near zero, and will be followed by a press conference from the Fed Chief Jerome Powell.

 

Major US companies will start announcing their Q2 business results this week, led by Apple, Facebook and Amazon.

 

Tesla reported yesterday its quarterly earnings, which showed a strong jump in revenues and profits during the second quarter, thanks to the electric vehicle sales.

 

As for stocks, Dow Jones fell 0.5% or 161 points to 34,982 as of 14:20 GMT, and S&P 500 fell 0.5% or 25 points to 4,396, while Nasdaq fell 1.2% or 180 points to 14,660.

American Markets News

Americas News

Markets

NASDAQ hits new record high after inflation data
2025-07-15 15:46PM UTC
Most US stock indices rose during Tuesday’s trading following the release of inflation data ...
Americas News

Markets

Wall Street inches up amid Trump's trade threats
2025-07-14 15:39PM UTC
U.S. stock indices rose slightly on Monday after a weak opening, as markets digested ongoing trade ...
Americas News

Markets

Wall Street loses ground amid mounting tariff war
2025-07-11 15:29PM UTC
U.S. stock indices declined during Friday trading as the global trade war between the United States ...