Stock Market Steps Back As Nasdaq, S&P 500 Suffer Mild Distribution Days; Fed Decision Up Next

Stock Market Selling Hits Tech Stocks The Hardest; Rising Bond Yields Fuel Negative Sentiment

Sellers came into the stock market Tuesday as the two-day Federal Reserve meeting got underway. Several growth stocks came under heavy selling pressure again, although the signals were hard to find. The Russell 2000 fared the worst with a decline of 1.2%. The small-cap index closed just above its 50-day moving average. The Dow Jones Industrial Average extended its losing…

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