S&P unchanged.Nasdaq down -0.18%
Well one day closer to the FOMC decision which will likely have a bigger impact on the market.
For today the US major indices traded higher, moved lower and is ending the day near unchanged levels. In fact if you are looking at the S&P index it is down by -0.04 points - that does not move the needle of being up or down on a % basis (to the 100th decimal). Call it a wash.
The Nasdaq index has moved a little lower as it fell by -0.18% on the day. The Dow was up 131 points at the high but ended the day down -3.63 points or -0.02%.
In the US debt market today, rates were up about 1 basis point across the board. Not much activity there. It too finds itself one day closer to the 2 PM FOMC statement on Wednesday.
In other markets today:
- Crude oil ended up 0.42% to $43. 22
- Spot gold is up $3.10 or +0.24%
- The Thomson Reuters/CRB index is up +0.47% on the day
