Broader stocks move lower ahead of a number of key earnings announcements

The Dow rose with 10 names rising over 1.5% or more led by Travelers with a gain of 3.10%:

• Travelers (TRV): +3.10%
• Goldman Sachs (GS): +2.64%
• JPMorgan (JPM): +2.03%
• McDonald’s (MCD): +1.95%
• Chevron (CVX): +1.90%
• American Express (AXP): +1.84%
• Walt Disney (DIS): +1.80%
• UnitedHealth (UNH): +1.75%
• J&J (JNJ): +1.73%
• Dow (DOW): +1.57%

But the Nasdaq was a different story ahead of some major large- cap stocks ready to release. Today, Microsoft, AMD, Starbucks and Pinterest lead the dump after the close. Tomorrow reporting includes::

• Moderna
• Wayfair
• Amazon
• Apple
• Intel
• Coinbase
• Draft Kings
• Roku
• Block
• Booking Holdings .

Of course the Fed rate decision will also take place tomorrow at 2 PM ET.

The closing levels today are showing:

• Dow Industrial Average average rose 203.40 points or 0.50% at 40743.32
• S&P index fell -27.10 points or -0.50% at 5436.45
• NASDAQ index -222.78 or -1.28% at 17147.42

The small-cap Russell 2000 rose 7.80 points or 0.35% at 2243.14

This article was written by Greg Michalowski at www.forexlive.com.