The three major indices of the U.S. New York Stock Exchange closed slightly lower on the 1st (local time), digesting news such as JP Morgan Chase's acquisition of First Republic Bank amid ongoing caution over tightening ahead of the May Federal Open Market Committee (FOMC) meeting this week.



On that day, the Dow Jones Industrial Average closed down 0.14% from the previous session. The large-cap-focused S&P 500 index fell 0.04%, and the tech-heavy Nasdaq index closed down 0.11%.


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