Wall Street edges down as markets await crucial events

Economies.com
2024-06-10 14:45PM UTC

Most US stock indices fell mildly on Monday as markets await important events this week.

 

They include the Federal Reserve’s policy meeting this week, expected to maintain interest rates unchanged, with Fed Chair Jerome Powell talking later about the future of policies. 

 

Markets also await US consumer prices data later this week, in addition to producer prices data. 

 

On trading, Dow Jones fell 0.1% as of 15:44 GMT, or 64 points to 38,735, while S&P 500 fell 0.1%, or 5 points to 5342, as NASDAQ stabilized at 17,132. 

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