Trading on the New York Stock Exchange was cautious on Tuesday ahead of the important interest rate decision expected on Wednesday from the US central bank. The leading indexes only moved marginally. The broad S&P 500 and Dow Jones industrial index closed unchanged, while the technology-heavy Nasdaq rose 0.2 percent.
Among the winners was processor manufacturer Intel. The stock rose 2.7 percent after the company announced an expanded collaboration with Amazon, where Intel will produce custom-built chips for the IT giant's cloud business.
It also went well for index-heavy Microsoft, up 0.9 percent, after the company increased its dividend. Microsoft also announced a share buyback program worth $60 billion, equivalent to 611 billion kronor.
On the other hand, Philip Morris fell after the tobacco giant announced a record loss of $220 million on the sale of Vectura Group, which manufactures inhalers for asthma patients. The Philip Morris stock fell 2.2 percent.
