U.S. Stocks Reverse Gains To End Lower Ahead Of Key Central Bank Meetings

By Sue ChangMarketsMarketWatch Pulse

U.S. stocks surrendered earlier gains to finish marginally lower on Monday as investors turned cautious ahead of a pair of crucial central bank meetings. The S&P 500 edged down less than a point to close at 2,139. The Dow Jones Industrial Average shed 3 points to end at 18,120 and the Nasdaq Composite Index fell 9 points, or 0.2%, to close at 5,235. The Federal Reserve's FOMC meeting starts Tuesday although most analysts played down the possibility of a rate hike while the Bank of Japan will also hold its two-day policy meeting at the same time.

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