U.S. stocks end mixed Monday ahead of Fed policy meeting

U.S. stocks finished mixed Monday, with the Nasdaq Composite slipping ahead of the Federal Reserve’s two-day policy meeting set to begin July 26 amid recession fears. The Dow Jones Industrial Average
DJIA,
+0.28%
gained 0.3% while the S&P 500
SPX,
+0.13%
edged up 0.1% and the technology-heavy Nasdaq
COMP,
-0.43%
fell 0.4%, according to preliminary FactSet data. Investors are awaiting the Fed’s decision on its interest-rate policy in a busy week for company earnings that will include quarterly results from big tech stocks such as Apple Inc.
AAPL,
-0.74%
and Google parent Alphabet Inc. Consumer discretionary, information technology and communication services were the worst performing sectors in the S&P 500 index on Monday.