NEW YORK, New York - U.S. stocks stocks were quiet and little changed Monday, ahead of the Federal Reserve's monthly two-day meeting which begins on Tuesday, at which official U.S. interest rates are likely to be put on hopld.
"There are some question marks: Everyone knows that they're going to stay put for this meeting, but then what is their messaging going to be going forward?,"asked Stephanie Lang, CIO at Homrich Berg.
"It's a wait-and-see moment to see what kind of forward guidance we're getting from the Fed," she said.
S&P 500 (^GSPC): The S&P 500 closed at 4,453.53, marking a modest increase of 3.21 points or 0.07 percent.
Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average (Dow) ended the day at 34,624.30, showing a slight gain of 6.06 points or 0.02 percent.
NASDAQ Composite (^IXIC): The NASDAQ Composite closed at 13,710.24, with a minimal increase of 1.90 points or 0.01 percent.
Global Foreign Exchange Markets Report for Monday
In the ever-volatile world of foreign exchange markets, Monday saw a series of currency pairs fluctuating, with shifts in market sentiment and economic factors influencing trading. Here are the closing foreign exchange rates for Monday:
Euro / US dollar (EURUSD): The Euro against the US dollar finished around 1.0685, experiencing an increase of 0.24 percent or an uptick of 0.0026.
US dollar / Japanese yen (USDJPY): The US dollar paired with the Japanese yen closed at 147.62, marking a decrease of 0.14 percent or a decline of 0.20.
US dollar / Canadian dollar (USDCAD): The US dollar versus the Canadian dollar closed at 1.3492, showing a decrease of 0.21 percent or a drop of 0.0028.
British pound / US dollar (GBPUSD): The British pound paired with the US dollar closed at 1.2382, with a minimal increase of 0.01 percent or a rise of 0.0001.
US dollar / Swiss franc (USDCHF): The US dollar against the Swiss franc closed at 0.8976, also showing a minimal increase of 0.01 percent or a gain of 0.0001.
Australian dollar / US dollar (AUDUSD): The Australian dollar versus the US dollar closed at 0.6436, with an increase of 0.13 percent or a gain of 0.0008.
New Zealand dollar / US dollar (NZDUSD): The New Zealand dollar against the US dollar closed at 0.5915, experiencing a more notable increase of 0.32 percent.
Monday's foreign exchange markets performance displayed a mixed picture, with some currency pairs showing modest gains while others experienced slight declines. These fluctuations can be attributed to various factors, including economic data releases, central bank policies, and global geopolitical developments.
Global Stock Markets Experience Monday Fluctuations
On Monday, global stock markets witnessed a series of ups and downs, with several major indices reflecting changes in investor sentiment and economic outlooks. Gainers however outranked losers.
Here are the closing stock market quotes from around the world for Monday:
CANADA
S&P/TSX Composite index (^GSPTSE): In Canada, the S&P/TSX Composite index closed at 20,492.83, experiencing a decrease of 129.51 points or 0.63 percent.
UNITED KINGDOM
FTSE 100 (^FTSE): The FTSE 100 in the UK closed at 7,652.94, marking a decrease of 58.44 points or 0.76 percent.
EUROPE
ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR in the Eurozone closed at 4,245.88, experiencing a decline of 49.17 points or 1.14 percent.
Euronext 100 Index (^N100): The Euronext 100 Index closed at 1,343.85, down 15.29 points or 1.12 percent.
DAX PERFORMANCE-INDEX (^GDAXI): Germany's DAX Performance Index, the DAX, ended the day at 15,727.12, down 166.41 points, or 1.05 percent.
CAC 40 (^FCHI): The CAC 40 in France closed at 7,276.14, experiencing a decline of 102.68 points or 1.39 percent.
BEL 20 (^BFX): Belgium's BEL 20 closed at 3,674.04, down 38.34 points or 1.03 percent.
RUSSIA
MOEX Russia Index (IMOEX.ME): Russia's MOEX Russia Index closed at 2,222.51, down 4.14 points or 0.19 percent.
ASIA
Nikkei 225 (^N225): Japan's Nikkei 225 saw a positive performance, closing at 33,533.09, with an increase of 364.99 points, or 1.10 percent.
HANG SENG INDEX (^HSI): Hong Kong's Hang Seng Index recorded a decline, closing at 17,930.55, down 252.34 points, or 1.39 percent.
SSE Composite Index (000001.SS): The SSE Composite Index in China showed modest gains, closing at 3,125.93, up 8.19 points or 0.26 percent, with a trading volume of 174.622 million shares.
Shenzhen Index (399001.SZ): China's Shenzhen Index closed at 10,200.04, marking an increase of 55.44 points or 0.55 percent, with a trading volume of 3.863 billion shares.
STI Index (^STI): Singapore's STI Index ended the day at 3,263.39, down 17.30 points or 0.53 percent.
S&P BSE SENSEX (^BSESN): India's S&P BSE SENSEX closed at 67,596.84, marking a decrease of 241.79 points or 0.36 percent.
NIFTY 50 (^NSEI): India's NIFTY 50 closed at 20,133.30, down 59.05 points or 0.29 percent.
IDX COMPOSITE (^JKSE): Indonesia's IDX Composite Index closed at 6,936.08, down 46.71 points or 0.67 percent.
FTSE Bursa Malaysia KLCI (^KLSE): The FTSE Bursa Malaysia KLCI closed at 1,457.99, down 1.04 points or 0.07 percent.
KOSPI Composite Index (^KS11): South Korea's KOSPI Composite Index closed at 2,574.72, down 26.56 points or 1.02 percent.
TSEC weighted index (^TWII): Taiwan's TSEC weighted index closed at 16,698.24, down 222.68 points or 1.32 percent.
OCEANIA
S&P/ASX 200 (^AXJO): Australia's S&P/ASX 200 ended at 7,230.40, down 48.60 points or 0.67 percent.
ALL ORDINARIES (^AORD): Australia's ALL ORDINARIES closed at 7,428.10, down 54.50 points or 0.73 percent.
S&P/NZX 50 INDEX GROSS (^NZ50): New Zealand's S&P/NZX 50 Index Gross closed at 11,397.00, up 49.27 points or 0.43 percent.
AFRICA
Top 40 USD Net TRI Index (^JN0U.JO): The Top 40 USD Net TRI Index in South Africa closed at 3,862.31, down 23.63 points or 0.61 percent.
MIDDLE EAST
TA-125 (^TA125.TA): The TA-125 in Israel remained relatively stable, closing at 1,865.69 with only a minimal change of -0.05 points or -0.00 percent.
EGX 30 Price Return Index (^CASE30): Egypt's EGX 30 Price Return Index closed at 19,751.80, marking an increase of 83.00 points or 0.42 percent, with a trading volume of 190.177 million.
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