Investors are waiting for the next move of the US “Central” regarding interest rates
The main indices of US stocks closed lower on Monday, while investors adjusted their positions following absorbing the possibility that the Federal Reserve (the US central bank) will take longer before it begins to cut interest rates.
According to unofficial data, the Standard & Poor’s 500 index closed down 25.28 points, or 0.61%, at 4111.20 points, according to Archyde.com.
The Nasdaq Composite Index fell 119.63 points, or 1%, to 11887.33 points, while the Dow Jones Industrial Average fell 40.56 points, or 0.12%, to close at 33885.45 points.
