Monday on Wall Street, the S&P 500 edged up 0.1% to 4,453.53 and the Dow Jones Industrial Average rose less than 0.1% to 34,624,30. “Market sentiments remained in its usual wait-and-see ahead of the Federal Open Market Committee meeting this week,” said Yeap Jun Rong, market analyst at IG. Japan's central bank will meet Thursday-Friday as observers speculate that it might gradually begin to adjust its longstanding negative interest rate policy. The Fed is due to wrap up a two day meeting on Wednesday. Hong Kong's Hang Seng slipped 0.5% to 17,835.44, while the Shanghai Composite fell 0.3% to 3,116.98. South Korea's Kospi edged down 0.3% to 2,568.12. Japan's benchmark Nikkei 225 dropped 1.1% in morning trading to 33,177.75. TOKYO (AP) - Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s looming decision on interest rates. Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s looming decision on interest rates. Ahn Young-joon/AP Show More Show Less 5 of5 Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. Andrew Harnik/AP Show More Show Less 4 of5 A currency trader passes by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than before, while growth remains solid and the job market cools. Eccles Federal Reserve Board Building in Washington, Feb. Mary Altaffer/AP Show More Show Less 3 of5 FILE- The seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Ahn Young-joon/AP Show More Show Less 2 of5 FILE - A trader stands outside the New York Stock Exchange, Friday, Sept. 1 of5 A currency trader reads documents at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept.
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