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STXE 600 IND.G+S GRE.EUR (A944.Z)

457.13

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(-0.38%)

As of 3:46 PM GMT+2. Market Open.

Stocks start week mixed ahead of Fed's September meeting

US stocks are mixed at Monday's market open, the Dow Jones Industrial (^DJI) rising by over 0.7% as the Nasdaq Composite (^IXIC) falls by nearly the same amount. The market is eagerly awaiting the Federal Reserve's decision on interest rates at the central bank's policy meeting later this week, with many pricing in an interest rate cut. The Morning Brief's Seana Smith eyes the movements in market indexes, bond yields (^TYX, ^TNX, ^FVX), and the tech-heavy Nasdaq 100 (^NDX), joined by Yahoo Finance markets and date editor Jared Blikre who examines the S&P 500 Equal Weight Index (^SPXEW, ^SP500EW). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.

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Dow Futures Rising as Traders Focus on Fed Meeting

U.S. stock futures were mixed on Monday. The market is gauging what’s to come at the Federal Reserve’s monetary-policy meeting and the potential for a bigger rate cut than previously expected. Dow Jones Industrial Average futures were up 102 points, or 0.3%.

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Wall St set for mixed open in cautious start to Fed meeting week

The main U.S. stock indexes were set for a mixed open on Monday as caution set in on Wall Street ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep cut in borrowing costs. There is concern an outsized move could mean the Fed sees the economy cooling at a faster-than-anticipated pace. "It would be a good thing for the Fed to imply that they are ahead of the curve."

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