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

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.