U.S. stocks were under pressure midday Tuesday, as the Federal Reserve began a two-day meeting and investors digested global economic data and a smorgasbord of corporate results, including disappointing sales figures from the parent of internet search giant Google.
The Dow Jones Industrial Average fell 60 points to 26,495, a decline of 0.2%, while S&P 500 index lost 13 points, or 0.5%, to 2,930. The Nasdaq Composite Index was down 101 points, or 1.2%, at 8,062.
The S&P 500 and the Nasdaq Composite each edged higher Monday to post record finishes. That followed on record closes from Friday and marked the first back-to-back set of all-time closing highs for both since August. The Dow also eked out a rise on Monday, gaining 11.06 points to finish around 1% below its all-time closing high of 26,828.39 set on Oct. 3.
Source : Market Watch