On Monday, the U.S. stock indexes opened lower and moved higher, closing up collectively. At the close, the Dow rose 197.26 points, or 0.64%, to 31019.68 points; The index rose 86.62 points, or 0.76%, to 11535.02 points. The S&P 500 rose 26.56 points, or 0.69%, to 3899.89
US Markets snapped its losing streak, to conclude higher ahead of the Fed’s two-day policy meeting
EU Markets closed mixed even as construction output grew for the first time in five-months in July
Asia Markets were lower across the board, while the PBOC slashed its 14-day reverse report rates
US 10-year Treasury Yields climbed to 3.5% - its highest levels since 2011 on expectations that interest rates will remain elevated
Gold prices softened, trading just below $1,675/oz at time of writing on increased rate hike expectations
WTI Crude Oil rose marginally, on rising optimism as restrictions eased in the Chinese city of Chengdu
AutoZone(AZO.US) tumbled more than 3% following mixed quarterly earnings where margins came in below expectations
Wix(WIX.US) jumped 15.7% higher after Starboard Value declared its 9% ownership in the company
NCR(NCR.US) was down 3% at one point after being downgraded by Morgan Stanley from overweight to equal-weight
- Neogen (NEOG.US)
Economic Calendar (21 September 2022)
- US Existing Home Sales (August)
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