Stock indices in negative territory ahead of FOMC

<p>As the Fed decision looms at the top of the hour, the major indices are trading lower led by the NASDAQ index. The Dow is down marginally. A close lower today would snap its 12-day winning streak. The record is 13 straight days of gains. A snapshot market currently shows:</p><ul><li>Dow industrial average -3.28 points or -0.01% at 35435.78</li><li>S&amp;P index -11.87 points or -0.26% at 4555.62</li><li>NASDAQ index -63.44 points or -0.45% at 14080.10</li></ul><p>Microsoft is dragging down the Dow and the broader indices as it is currently trading down -$4.65% at $334.67. </p><ul><li>Nvidia shares are also lower by -1.2% at $451.25. </li><li>Oracle shares are down -1.76% at $115.83. </li><li>Netflix is down -2.06% of $418.87</li><li>Meta will report after the close. Its shares are up $2.47 or 0.84% at $296.94</li><li>Chipotle is also reporting after the close and its shares are down $-14.34 or -0.69% at 2078.00</li></ul><p>Alphabet is going the other way with a $7 rise or 5.71% at $129.18 after he reported better-than-expected earnings and guidance..</p>

This article was written by Greg Michalowski at www.forexlive.com.