Dow Jones Falls As Fed Meeting Looms; DoorDash Jumps On Upgrade; Nvidia, Tesla Slide

The Dow Jones Industrial Average dropped Monday, as investors brace for this week’s Federal Reserve meeting. Meanwhile, DoorDash (DASH) jumped after Mizuho Securities upgraded the stock.


The Fed’s meeting wraps up Wednesday with a policy statement and new quarterly projections. Chances are that the Fed will not raise its interest rate target after 11 straight increases since early 2022. Wall Street places a 99% chance of holding interest rates steady, per the CME FedWatch Tool.


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