Markets Mostly Flat Ahead Of Fed Meeting

By OilFOXBusiness

Coming off of last week’s best performance of the year, stocks were mostly muted and mixed ahead the FOMC meeting scheduled for later this week. September pending home sales came in slightly below economist estimates but data indicated the first year-over-year gain in the past 11 months.

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Nymex Crude Oil prices continued downward dipping below $80 per barrel before rebounding to settle at  $81.00 down $0.01.  Gold prices slipped slightly losing $2.50 to settle at $1,229.30 down 0.20%.

The major benchmarks were listless and mixed on the day with Dow Jones Industrial Average adding 12.53 points to close at 16,817.94 up 0.07%.  The S&P 500 fell slightly shedding 2.95 points to close at 1,961.63 down 0.15%.

The NASDAQ Composite gained 2.21 points or 0.05% to close at 4,484.93 while the NASDAQ 100 was up 0.1% or 4 points closing at 4,046.02.

The Small cap Russell 2000 lost 1.34 points to close at 1,117.48 down 0.12%.  The Fox 50 was almost flat closing at 1,388.21 after losing 0.07 points.

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