· Stocks rose on Monday as Amazon and Apple outperformed, but gains were kept in check amid pressure from Boeing and Facebook, while investors braced for a busy week highlighted by a key Federal Reserve meeting.
The S&P 500 closed 0.4 percent higher at 2,832.94 as the energy and financials sectors rose more than 1 percent each. The Nasdaq Composite also gained 0.3 percent to close at 7,714.48 as Amazon rose more than 1.5percent. The Dow Jones Industrial Average advanced 65.23 points to 25,914.10 — posting a four-session winning streak — as a 1 percent rise in Apple helped offset losses in Boeing.
· Investors prepared themselves for a busy week as the Fed begins its two-day monetary policy meeting on Tuesday. Market expectations for a rate hike are at zero, according to the CME Group's FedWatch tool. However, investors will look for clues about the central bank's economic outlook.
· European stocks closed slightly higher on Monday, amid mounting speculation the U.S. Federal Reserve could sound decidedly dovish at its policy meeting later this week.
The pan-European Stoxx 600 ended provisionally up 0.22 percent during deals, with most sectors and major bourses in positive territory.
· Shares in Asia slipped in Tuesday morning trade, ahead of a closely watched meeting by the U.S. Federal Reserve set to kick off later in the day stateside.
Japan's Nikkei 225 fell 0.59 percent as shares of index heavyweight Fast Retailing, the company behind the Uniqlo chain of apparel stores, slipped 0.24 percent. The Topix index also declined 0.64 percent.
Over in South Korea, the Kospi shed 0.18 percent as chipmaker SK Hynix saw its stock drop 1.62 percent.
Reference: CNBC
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