Stocks See Volatile Start to Blockbuster Week Ahead of Fed Decision

As the trading week begins, stock markets around the world have seen a slight rise in futures as investors evaluate earnings and prepare for the upcoming Federal Reserve decision.

However, when the markets opened Monday, stocks opened lower as investors focused on the upcoming earnings season. Investors are also keeping an eye on the global economic recovery, as well as the ongoing COVID-19 pandemic.

The S&P 500 index was down 1% and crude oil dropped over 2%. This comes after the index closed at a record high on Friday and oil prices rose to their highest level in nearly a year.

The tech-heavy Nasdaq index was down 0.7%. Investors are keeping a close eye on tech stocks, as earnings from some of the biggest tech companies are due to be released this week.

Investors are also looking ahead to the Federal Reserve decision later this week, which is expected to include an interest rate hike.

Overall, investors are taking a cautious approach to the market as they evaluate the earnings season and prepare for the Fed decision. For more news and updates on the stock market, view the full coverage on USNN.