CNBC Daily Open: Amid uncertainty, an immaculate disinflation?
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People walk on the floor of the New York Stock Exchange (NYSE) on September 13, 2023 in New York City.
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This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribehere.
What you need to know today
Bracing for Fed meetingU.S. stocks were little changed Monday as traders await the Federal Reserve's September meeting. The pan-European Stoxx 600 index sank 1.13%, with all sectors in negative territory. Lonza, a drugmaker, plunged 14.7% after the firm announced the departure of its CEO, and Societe Generale slumped 12.05% after the bank pledged to cut costs.