Major stock markets in the United States were lower at the opening bell on Monday as traders braced for the Federal Reserve's key interest rate decision later this week.
Investors also kept a close eye on the trade relations between the US and China, expecting Washington and Beijing to resolve their differences through negotiations.
The Dow Jones slumped 0.59% with Disney leading the losses, decreasing 1.95%. The Nasdaq 100 declined 0.83% after On Semiconductor plunged 5.58%. At the same time, the S&P 500 fell 0.73% with Zimmer Biomet Holdings nosediving 9.09%.
Meanwhile, the euro gained 0.52% against the dollar at 9:29 am ET and sold for 1.13572.
