The S&P 500 Index ($SPX) (SPY) today is down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.33%. March E-mini S&P futures (ESH25) are down by -0.29%, and March E-mini Nasdaq futures (NQH25) are down by -0.37%.
Stocks are under pressure today on risk-off sentiment ahead of the results of today’s FOMC meeting. Some negative earnings results are also weighing on stocks today, with Packaging Corp down more than -9% after forecasting Q1 EPS below consensus. Also, Danaher is down more than -8% after reporting weaker-than-expected Q4 adjusted EPS. In addition, Lennox International is down more than -7% after forecasting full-year free cash flow below consensus.
