US cuts almost high price due to financial results announcement

Wall Street's major stock markets closed almost high on Monday following a sharp rise the day before. Investors maintained confidence because policy makers are expected to leave interest rate hikes unchanged due to the announcement of corporate financial results at the beginning of the week and the Federal Reserve (Fed) interest rate hike decision.

In the trading session, McDonald's and ON Semiconductor Corporation favored the second quarter results and rose. ON Semiconductor's second-quarter financial results exceeded expectations with sales of 1.7 billion 40 million dollars.

Dow Jones fell 0.12% and Caterpillar fell 1.7%. The S&P 500 stock price index rose 0.08%, and the Nasdaq 100 stock price index rose 0.19%. The euro was just under 0.32% against the dollar and traded at $1.08226 at 3:56 p.m. (US Eastern Time).