Wall Street ahead of the Fed meeting



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Thank you for reading an article on Wall Street that is swaying in anticipation of the Federal Reserve meeting and that is starting now with the latest details.

The Dow Jones index advanced at the start of Monday's session, as monetary policy and business developments were expected, while investors were waiting for the Federal Reserve meeting on Tuesday for two days, with the bankruptcy announcement. hope that interest rates would be reduced.
US President Donald Trump continued to press the Fed before the meeting stating: "The Fed will not do much to stimulate the economy, compared to what the central banks of Europe and the China will do. " Yesterday, an American delegation went to Beijing to resume trade negotiations. Who has been suspended since May.
Businesses continue to report results, with Pfizer gaining 30% in the second quarter, exceeding badysts' estimates. US stocks hit record highs last Friday, posting weekly gains.
At the start of the session, the Dow Jones Industrial Average rose 0.1% to 27,222 points, before moving into narrow ranges, while Standard & Poor's stabilized at 3025.1 points in the early days. trade, before fluctuating between marginal and minor decreases. While the Nasdaq fell 0.09% to 8323.1 points, early trading before falling 0.76%.
On the continent, European stocks opened lower on Monday, despite weak Heineken results, and worried about the expected decline in US interest rates, eclipsing the rise of London Stock Exchange Group, supporting its possible transaction on the purchase of Reinventiv financial data company.
The world's second largest brewer fell 5.6%, after first-half profits fell below expectations, while Ryanair announced lower profits and issued a price warning.
Shares of the London Stock Exchange Group rose 11% after the stock trader announced that he was planning to buy Revitiv Holdings from the US group Blackstone, Revitiv Holdings, against a $ 27 billion investment .
The European Stoxx 600 index lost 0.1% after rising 0.9% last week. Figures showing a slowdown in economic growth in the United States and in the Chinese industrial sector fell last month to bolster the Federal Reserve's interest rate cuts by 25 basis points at the time. his meeting starts on Tuesday and lasts two days.
The British FTSE 100 was the only gain among the leading European indices, pulled by news from the London Stock Exchange and other trades, as well as by the British pound that retreated in the face of fears of an exit of the United Kingdom from the EU without agreement.
In Asia, Japanese stocks traded lower on Monday, but investors are cautious ahead of corporate earnings and monetary policy decisions by the Bank of Japan and the Federal Reserve this week.
The Nikkei benchmark <.N225> fell 0.2% to 2,161.8.80, further away from the two-and-a-half month high on Thursday, despite the encouraging signs of Wall Street.
The broad TOPIX index fell 0.2% to 1,568.57 points. (Agencies)

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