Major U.S. stock-indexes lower on Tuesday after mixed earnings reports from major U.S. companies, weaker-than-expected data and further declines in crude oil prices.
Investors are also watching the Federal Reserve, which began its two-day policy meeting. While expectations of a rate hike this week are slim, traders will focus on the Fed's statement on Wednesday for clues on the timing of a liftoff. Corporate results remain in sharp focus as investors scrutinize the reports for the measures companies are taking to grow revenue and protect profit margins.
Most of Dow stocks in negative area (21 of 30). Top looser - Chevron Corporation (CVX, -1.77%). Top gainer - Pfizer Inc. (PFE, +2.66%).
Most of S&P index sectors in negative area. Top looser - Basic Materials (-1.7%). Top gainer - Healthcare (+0,9%).
At the moment:
Dow 17491.00 -40.00 -0.23%
S&P 500 2055.50 -6.75 -0.33%
Nasdaq 100 4623.50 +7.25 +0.16%
Oil 42.96 -1.02 -2.32%
Gold 1167.00 +0.80 +0.07%
U.S. 10yr 2.01 -0.05