Dow ends higher, Nasdaq falls ahead of midweek Fed decision

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U.S. stocks finished mixed Monday, with the Nasdaq Composite slipping ahead of the Federal Reserve’s two-day policy meeting set to begin July 26 amid recession fears. The Dow Jones Industrial Average DJIA, +0.28% gained 0.3% while the S&P 500 SPX, +0.13% edged up 0.1% and the technology-heavy Nasdaq COMP, -0.43% fell 0.4%, according to preliminary FactSet data. Investors are awaiting the Fed’s decision on its interest-rate policy in a busy week for company earnings that will include quarterly results from big tech stocks such as Apple Inc. AAPL, -0.74% and Google parent Alphabet Inc. Consumer discretionary, information technology and communication services were the worst performing sectors in the S&P 500 index on Monday.

This article was originally published by Marketwatch.com. Read the original article here.

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