US Stock Market Analysis
- Most US stock indices opened lower on Monday, the first session of April, following strong quarterly profits.
- Investors are evaluating the Federal Reserve’s monetary policy amidst this scenario.
Federal Reserve's Monetary Policy
- Federal Reserve Chair Jerome Powell emphasized caution regarding rate cuts, citing inflation above the 2% target.
Trading Overview
- Dow Jones dropped 0.6%, or 232 points, as of 14:58 GMT to 39,574.
- S&P 500 declined 0.2%, or 12 points, to 5242.
- NASDAQ saw a decrease of 0.1%, or 4 points, to 16,375.
The US stock indices reflect cautious sentiment as investors monitor quarterly earnings and Federal Reserve announcements.