US stocks closed mostly flat on Monday after a choppy session, with telecommunications lagging, as investors geared up for two key central bank meetings.

US Federal Reserve and the Bank of Japan are both scheduled to deliver their latest decision in monetary policy Wednesday. The Dow Jones industrial average fell 3.63 points, or 0.02%, to close at 18,120.17, with 3M leading advancers and Intel the top decliner. 

The S&P 500 fell less than a point to close at 2,139012, with telecommunications leading decliners and utilities the top riser. The Nasdaq fell 9.54 points, or 0.18%, to end at 5,235.03. 

Source : QNA