World markets today: US stocks mixed ahead of Fed rate decision

Mar 19, 2024
world-markets-today:-us-stocks-mixed-ahead-of-fed-rate-decision

1 min read 19 Mar 2024, 07:16 PM IST Join us Whatsapp

Rajendra Saxena

The S&P 500 was lower by 0.20%, the Nasdaq Composite dropped 0.44%, the Dow Jones rose 0.08%

REUTERSPremium
REUTERS

US stocks opened mixed on Tuesday ahead of the Federal Reserve’s interest rate decision due on Wednesday.

The S&P 500 opened lower by 10.33 points, or 0.20%, at 5,139.09, while the Nasdaq Composite dropped 71.52 points, or 0.44%, to 16,031.93 at the opening bell. The Dow Jones Industrial Average rose 29.18 points, or 0.08%, at the open to 38,819.61. 

European markets were mixed on Tuesday.

Britain’s FTSE 100 edged lower 0.1 per cent at 7,717.23 points. France’s CAC 40 rose 0.4 per cent at 8,180.31. Germany’s DAX added 0.3 per cent at 17,993.75.

Euro Stoxx 50 edged up 0.3 per cent at 4,999.53.

In Asian stock markets, China’s Shanghai Composite fell 0.7 per cent at 3,062.76. Hong Kong’s Hang Seng Index lost 1.2 per cent at 16,529.48.

Japan’s Nikkei 225 rose 0.7 per cent at 40,003.60.

Crude oil prices were mostly steady on Tuesday.

The Brent crude oil futures contract for May delivery was up 10 cents to $86.99 a barrel at 1320 GMT, while US West Texas Intermediate (WTI) prices were up 12 cents to $82.28. The WTI April contract, with expires on Wednesday, was up 13 cents to $82.85. 

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Published: 19 Mar 2024, 07:16 PM IST

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