This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ400JQ_L.jpg
(Reuters) – The S&P 500 opened lower on Monday as investors refrained from making big bets ahead of the Federal Reserve’s policy decision this week, while JPMorgan (NYSE:JPM) shares rose as it agreed to buy most of the beleaguered First Republic Bank (NYSE:FRC)’s assets.
The Dow Jones Industrial Average rose 18.65 points, or 0.05%, at the open to 34,116.81. The S&P 500 opened lower by 2.69 points, or 0.06%, at 4,166.79, while the Nasdaq Composite dropped 16.54 points, or 0.14%, to 12,210.05 at the opening bell.
