U.S. shares were lower today as investors wait for the Federal Reserve’s interest rate decision, the Associated Press reports. Futures for the S&P 500 and the Dow Jones Industrial Average were both down 0.3%.
Bitcoin was trading at $107,262 after nudging closer to $108,000, according to CoinDesk. Its price has catapulted from roughly $44,000 at the start of the year on expectations that Trump will favor digital currencies.
On Monday, U.S. stock indexes drifted in mixed trading. The S&P 500 rose 0.4% to 6,074.08, and the Nasdaq composite climbed 1.2% to a record close of 20,173.89. The Dow Jones Industrial Average lagged, giving up 0.3% to 43,717.48.
Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations thanks to the wave of enthusiasm about its artificial intelligence offerings.
In other dealings early today, U.S. benchmark crude oil dropped 46 cents to $70.25 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, shed 31 cents to $73.21 per barrel.
The U.S. dollar fell to 153.83 Japanese yen from 154.14 yen.
