Market Downturn at Opening Bell

Major U.S. stock markets experienced a downturn at the opening bell on Monday, as traders and investors closely monitored the Federal Reserve's upcoming interest rate decision. The anticipation has created a cautious atmosphere among market participants.

Trade Relations in Focus

Additionally, the ongoing trade relations between the U.S. and China remained a key concern. Investors are hopeful that Washington and Beijing will find a resolution to their differences through diplomatic negotiations, which could stabilize market conditions.

Performance Highlights

The Dow Jones Industrial Average saw a decline of 0.59%, with Disney leading the losses at a 1.95% drop. The Nasdaq 100 decreased by 0.83%, influenced by On Semiconductor's significant 5.58% plunge. Similarly, the S&P 500 fell by 0.73%, with Zimmer Biomet Holdings experiencing a sharp 9.09% decline.

Currency Movements

In currency markets, the euro appreciated by 0.52% against the U.S. dollar, trading at 1.13572 by 9:29 am ET, indicating a shift in investor sentiment towards the European currency.