Stock-Market Rodeo: Points and Market Wariness

stock-market rodeo: At session lows, the S&P 500 was off more than 40 points, the Dow fell over 400 points and the Nasdaq had lost 130 points, according to Market Watch. Read It's time to dismount' from this stock-market rodeo, says Morgan Stanley's Wilson What drove the market Wariness seeped in the market ahead of the Fed meeting and a huge week for earnings with 126 S&P 500 companies slated to report quarterly results. How did benchmark indexes fare The Dow Jones Industrial Average DJIA, 0.21% shed 208.98 points, or 0.8%, to end at 24,528.22, while the S&P 500 index SPX, -0.15% fell 20.91 points, or 0.8%, to 2,643.85, and the Nasdaq Composite COMP, -0.81% dropped 79.18 points, or 1.1%, to finish at 7,085.68. The central bank will convene a two-day meeting on Tuesday, with no change in key interest rates expected. Read Stock market bulls look to put faith in Fed as earnings continue to roll in Also see Why upbeat investors are counting on the Powell put,' the Trump put' and the Xi put' Earnings have swung into focus in a big way, starting with CaterpillarCAT, 1.74% whose shares skidded 9.1% after the company missed fourth-quarter earnings estimates. Attention is instead likely to focus on a news conference afterward with Fed Chairman Jerome Powell for any clues on future policy. (news.financializer.com). As reported in the news.