Market Opens Lower Amid Federal Reserve Anticipation

As the trading week commenced, major U.S. stock markets experienced a downturn at the opening bell. Investors are closely monitoring the Federal Reserve's upcoming interest rate decision, a pivotal moment that could influence market directions in the near term.

Trade Relations and Market Reactions

Simultaneously, the ongoing trade negotiations between the U.S. and China remain a focal point for market participants. Hopes are high for a resolution to the disputes through diplomatic channels.

Notable Performances: The Dow Jones saw a 0.59% decrease, with Disney notably dropping by 1.95%. The Nasdaq 100 declined by 0.83%, impacted by On Semiconductor's significant 5.58% plunge. The S&P 500 wasn't spared, falling 0.73%, with Zimmer Biomet Holdings experiencing a sharp 9.09% drop.

Currency Movements

In currency markets, the euro appreciated by 0.52% against the dollar, trading at 1.13572 by 9:29 am ET.