Wall Street Closes Higher Ahead of Fed Meeting

The main indices of the New York Stock Exchange (NYSE) closed mostly higher on Monday, with Wall Street investors anticipating the outcomes of the next Federal Reserve policy meeting.

The S&P 500 and Nasdaq Composite indices closed at new record highs, with the latter rising for the sixth time in seven sessions, on the back of a strong performance by tech blue-chips.

Meanwhile, the Dows Jones Industrial Average, lost 85.85 points, or 0.25%, as it finished at 34,393.75 points.

The S&P 500 closed at 4,255.15 points, rising by 7.71 points, or 0.18%.

The NASDAQ rose by 104.72 points, or 0.74%, to 14,174.14 points.