US benchmark equity indexes were on track to close lower Tuesday led by a selloff in technology sector, as the Federal Reserve kicked off its two-day monetary policy meeting.
The Dow Jones Industrial Average fell 0.6% to 41,588.5 , while the Nasdaq Composite decreased 1.8% to 17,490.7. The S&P 500 was down 1.1% to 5,612.1. All sectors except healthcare posted declines.
Tesla (TSLA) shares were trading more than 5% lower. Meta Platforms (META), Microsoft (MSFT), Amazon.com (AMZN) Google-parent Alphabet (GOOG) were also down.
Dollar General (DG) shares were up 2%. The company is collaborating with DoorDash (DASH) to offer Supplemental Nutrition Assistance Program/Electronic Benefits Transfer payments to its store on DoorDash's marketplace.
EQT (EQT) shares were up 1.5%. Stephens upgraded the company's stock to overweight from equalweight and raised its price target to $59 from $41.
Aditxt (ADTX) soared 61% after its acquisition target, Appili Therapeutics, submitted four new federal funding proposals totaling $117.5 million.
The 10-year US Treasury yield lost 2.5 basis points to 4.28%, while the two-year rate was down 1.3 basis points to 4.04%.
May West Texas Intermediate crude oil was down 0.9% at $66.76 a barrel.
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