Stocks Closing Mixed; Investors Brace for Fed Meeting

Stocks Closing Mixed; Investors Brace for Fed Meeting
People walk outside of the New York Stock Exchange (NYSE) in New York on July 25, 2022. Spencer Platt/Getty Images
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Wall Street capped a choppy day of trading with a mixed finish for stock indexes Monday, as investors brace for another sharp interest rate hike by the Federal Reserve this week as the central bank combats inflation.

The S&P 500 edged up 0.1 percent after fluctuating between gains and losses. The Dow Jones Industrial Average rose 0.3 percent, while the tech-heavy Nasdaq Composite fell 0.4 percent.