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U.S. Stocks Moving Mostly Lower As Fed Announcement Looms

March 17, 2021

With the Federal Reserve’s monetary policy announcement looming, stocks have moved mostly lower in morning trading on Wednesday. The tech-heavy Nasdaq has shown a notable move to the downside after ending the previous session slightly higher.

Currently, the major averages are all in negative territory, although the Dow is down just 27.14 points or 0.1 percent at 32,798.81. The Nasdaq is down 140.98 points or 1.1 percent at 13,330.59 and the S&P 500 is down 22.82 points or 0.6 percent at 3,939.89.

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