Nasdaq drops 1% at open in cautious start to Fed meeting week
- Posted on September 16, 2024
- By Business News Today
- 4 Views
Nasdaq drops 1% at open in cautious start to Fed meeting week
The S&P 500 and the Nasdaq opened lower 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.
