How major US stock indexes fared Monday 7/25/2022
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Stocks closed mixed Monday, as investors brace for a two-day meeting of the Federal Reserve this week. The nation’s central bank is expected to raise interest rates sharply to combat inflation. The S&P 500 index and Dow Jones Industrial Average rose slightly, led by energy, utilities and financial shares. The technology-heavy Nasdaq Composite fell. Corporate earnings reports pick up later this week when technology heavyweights like Apple, Meta, Microsoft and Amazon all deliver quarterly results.
The S&P 500 rose 5.21 points, or 0.1%, to 3,966.84.