Wall Street ends mixed as oil slide hits energy stocks ahead of Fed decision

MacroCommodity

โดย Zacks Investment Research·Read original

Summary · why it matters

Wall Street closed mixed on Tuesday as falling oil prices weighed on energy stocks and investors awaited the Federal Reserve's policy decision. The Dow Jones Industrial Average rose 0.6% to 51,999.67, while the S&P 500 lost 0.6% to 7,511.35 and the Nasdaq Composite declined 1.2% to 26,376.34. Crude oil prices plummeted after reports of an Iran-U.S. agreement allowing Iran to resume exports, with Brent crude falling below $80 per barrel for the first time since March, closing at $78.45. The Federal Reserve's two-day meeting begins Wednesday, with markets expecting rates to hold at 3.50-3.75%.